| ARCT latest price $55.6200 (2.75%) ($51.1700 - $62.9700) on Tue. May. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.22% (three month average) |
RSI | 75 |
Latest Price | $55.6200(2.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 4.1% a day on average for past five trading days. |
Weekly Trend | ARCT advances 13.2% a week on average for past two weeks. |
Market Behavior | Value stocks 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(52%) XBI(51%) IBB(49%) ARKK(43%) IPO(40%) |
Factors Impacting ARCT price | ARCT will decline at least -5.11% in a week (0% probabilities). VIXM(-19%) UUP(-12%) VXX(-10%) TBT(-4%) USO(-1%) |
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 | -5.11% (StdDev 10.22%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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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.