| ARCT latest price $13.6500 (-2.43%) ($13.0100 - $16.1600) on Wed. Mar. 18, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.6% (three month average) |
RSI | 55 |
Latest Price | $13.6500(-2.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 0.9% a day on average for past five trading days. |
Weekly Trend | ARCT declines -9.8% 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 ARCT advance at 0% a week (0% probability) ARKG(49%) XBI(45%) IBB(43%) ARKK(39%) IPO(36%) |
Factors Impacting ARCT price | ARCT will decline at least -3.8% in a week (0% probabilities). VIXM(-16%) UUP(-16%) VXX(-10%) USO(-4%) TBT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.8% (StdDev 7.6%) |
Hourly BBV | 0 () |
Intraday Trend | -2.5% |
| |
|
|
July 7, 2020 ARCT develops mRNA based covid vaccine. Now it's still in preclinical stage, and plan to start phase I clinic trail this summer.