| ARCT latest price $52.4900 (4.9%) ($49.7300 - $52.8000) on Tue. Oct. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.79% (three month average) |
RSI | 54 |
Latest Price | $52.4900(4.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 1% a day on average for past five trading days. |
Weekly Trend | ARCT declines -2.8% a week on average for past two weeks. |
Market Behavior | Value stocks 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(51%) IBB(50%) XBI(50%) ARKK(44%) IPO(41%) |
Factors Impacting ARCT price | ARCT will decline at least -2.895% in a week (0% probabilities). VIXM(-20%) UUP(-12%) VXX(-10%) TBT(-6%) USO(-5%) |
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 | -2.895% (StdDev 5.79%) |
Hourly BBV | 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.