| ARCE latest price $11.9300 (-2.13%) ($11.9300 - $11.9300) on Thu. May. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 58 |
Latest Price | $11.9300(-2.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCE advances 1.8% a day on average for past five trading days. |
Weekly Trend | ARCE advances 4.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ARCE advance at 0% a week (0% probability) VFMO(18%) XLV(18%) IYT(16%) XBI(16%) PAVE(14%) |
Factors Impacting ARCE price | ARCE will decline at least -1.51% in a week (0% probabilities). EMHY(-28%) SHY(-21%) TIP(-19%) BND(-18%) VCSH(-17%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.51% (StdDev 3.02%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
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