| ARCT latest price $46.9600 (6.29%) ($44.3200 - $49.2320) on Mon. Jun. 29, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.31% (three month average) |
RSI | 81 |
Latest Price | $46.9600(6.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 2.7% a day on average for past five trading days. |
Weekly Trend | ARCT advances 18.7% 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 ARCT advance at 0% a week (0% probability) ARKG(51%) XBI(51%) IBB(50%) ARKK(43%) IPO(40%) |
Factors Impacting ARCT price | ARCT will decline at least -4.655% in a week (0% probabilities). VIXM(-20%) UUP(-13%) VXX(-10%) TBT(-5%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.655% (StdDev 9.31%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0% |
| |
|
|
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.