| ARCT latest price $61.3900 (1.76%) ($59.7800 - $62.4300) on Mon. Nov. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.4% (three month average) |
RSI | 60 |
Latest Price | $61.3900(1.76%) |
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 4.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ARCT advance at 0% a week (0% probability) IBB(52%) XBI(52%) ARKG(51%) ARKK(44%) IPO(41%) |
Factors Impacting ARCT price | ARCT will decline at least -4.2% in a week (0% probabilities). VIXM(-23%) UUP(-12%) VXX(-10%) TBT(-4%) 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 | -4.2% (StdDev 8.4%) |
Hourly BBV | 1.2 () |
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.