| ARCE latest price $12.3500 (1.98%) ($12.3500 - $12.3500) on Mon. Jun. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 55 |
Latest Price | $12.3500(1.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCE advances 0.3% a day on average for past five trading days. |
Weekly Trend | ARCE advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ARCE advance at 0% a week (0% probability) SMH(32%) XLK(29%) FIVG(23%) IWF(23%) VUG(23%) |
Factors Impacting ARCE price | ARCE will decline at least -1.425% in a week (0% probabilities). EMHY(-21%) USO(-12%) XOP(-11%) OIH(-10%) XLE(-8%) |
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 | -1.425% (StdDev 2.85%) |
Hourly BBV | 2.3 () |
Intraday Trend | 0% |
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