| ARCT latest price $62.6400 (6.57%) ($59.7500 - $66.2400) on Fri. Aug. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.49% (three month average) |
RSI | 63 |
Latest Price | $62.6400(6.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 5.3% a day on average for past five trading days. |
Weekly Trend | ARCT advances 2.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(51%) XBI(51%) IBB(50%) ARKK(44%) IPO(40%) |
Factors Impacting ARCT price | ARCT will decline at least -3.745% in a week (0% probabilities). VIXM(-20%) UUP(-12%) VXX(-10%) TBT(-5%) USO(-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 | -3.745% (StdDev 7.49%) |
Hourly BBV | 1.3 () |
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.