| ARCE latest price $12.8000 (0.63%) ($12.8000 - $12.8000) on Fri. Jul. 28, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 61 |
Latest Price | $12.8000(0.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCE advances 0.2% a day on average for past five trading days. |
Weekly Trend | ARCE advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ARCE advance at 0% a week (0% probability) SIL(26%) XLE(22%) URA(19%) OIH(18%) SPLV(18%) |
Factors Impacting ARCE price | ARCE will decline at least -1.075% in a week (0% probabilities). IGOV(-24%) SMH(-21%) VXX(-20%) VIXM(-20%) MCHI(-18%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.075% (StdDev 2.15%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
| |
|
|