| ARCT latest price $29.8800 (2.86%) ($29.8800 - $29.8800) on Tue. Jun. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.68% (three month average) |
RSI | 62 |
Latest Price | $29.8800(2.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 1.1% a day on average for past five trading days. |
Weekly Trend | ARCT advances 2.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ARCT advance at 0% a week (0% probability) IBB(54%) XBI(53%) ARKG(47%) ARKK(43%) IWO(42%) |
Factors Impacting ARCT price | ARCT will decline at least -2.34% in a week (0% probabilities). VIXM(-27%) UUP(-16%) VXX(-10%) USO(-2%) TBT(-2%) |
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 | -2.34% (StdDev 4.68%) |
Hourly BBV | 0.8 () |
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.