| ARCT latest price $46.7900 (2.71%) ($44.5700 - $47.6600) on Fri. Sep. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.34% (three month average) |
RSI | 38 |
Latest Price | $46.7900(2.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 3.8% a day on average for past five trading days. |
Weekly Trend | ARCT advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support ARCT advance at 0% a week (0% probability) ARKG(52%) XBI(51%) IBB(50%) ARKK(44%) IPO(41%) |
Factors Impacting ARCT price | ARCT will decline at least -3.17% in a week (0% probabilities). VIXM(-20%) UUP(-13%) VXX(-10%) TBT(-5%) USO(-4%) |
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 | -3.17% (StdDev 6.34%) |
Hourly BBV | 1.5 () |
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.