| ARCT latest price $12.0800 (-5.77%) ($11.2200 - $12.9700) on Fri. Mar. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.67% (three month average) |
RSI | 50 |
Latest Price | $12.0800(-5.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 4.4% a day on average for past five trading days. |
Weekly Trend | ARCT declines -11.2% 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(42%) ARKK(39%) IPO(36%) |
Factors Impacting ARCT price | ARCT will decline at least -3.835% in a week (0% probabilities). UUP(-17%) VIXM(-14%) VXX(-9%) USO(-6%) TBT(-3%) |
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 | -3.835% (StdDev 7.67%) |
Hourly BBV | 0 () |
Intraday Trend | -5.9% |
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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.