| ARCT latest price $18.2000 (-3.45%) ($18.2000 - $18.2000) on Wed. Jul. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.04% (three month average) |
RSI | 75 |
Latest Price | $18.2000(-3.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 3.9% a day on average for past five trading days. |
Weekly Trend | ARCT advances 12.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support ARCT advance at 0% a week (0% probability) IBB(42%) XBI(37%) IWC(33%) ARKG(32%) IWO(30%) |
Factors Impacting ARCT price | ARCT will decline at least -4.02% in a week (0% probabilities). VIXM(-16%) UUP(-15%) VXX(-9%) EDOC(-3%) 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 | -4.02% (StdDev 8.04%) |
Hourly BBV | 0.7 () |
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.