| ARCE latest price $15.4350 (0.29%) ($15.4350 - $15.4350) on Mon. Aug. 8, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.62% (three month average) |
RSI | 57 |
Latest Price | $15.4350(0.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCE advances 0.7% a day on average for past five trading days. |
Weekly Trend | ARCE advances 3.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ARCE advance at 0% a week (0% probability) ARKG(23%) EMHY(21%) IPO(20%) IBB(19%) SKYY(19%) |
Factors Impacting ARCE price | ARCE will decline at least -1.81% in a week (0% probabilities). UUP(-16%) TBT(-12%) VIXM(-10%) UNG(-7%) EDOC(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.81% (StdDev 3.62%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
| |
|
|