| ARCT latest price $55.9100 (1.1%) ($53.2600 - $56.6800) on Tue. Nov. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.64% (three month average) |
RSI | 58 |
Latest Price | $55.9100(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 1.3% a day on average for past five trading days. |
Weekly Trend | ARCT advances 1.7% 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%) IBB(50%) XBI(50%) ARKK(44%) IPO(41%) |
Factors Impacting ARCT price | ARCT will decline at least -2.82% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.82% (StdDev 5.64%) |
Hourly BBV | 1.1 () |
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.