| ARCT latest price $16.4000 (5.33%) ($16.4000 - $16.4000) on Thu. Sep. 15, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.25% (three month average) |
RSI | 49 |
Latest Price | $16.4000(5.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 1.5% a day on average for past five trading days. |
Weekly Trend | ARCT advances 4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ARCT advance at 0% a week (0% probability) IBB(32%) IWC(26%) IWO(24%) XBI(24%) IWM(23%) |
Factors Impacting ARCT price | ARCT will decline at least -3.125% in a week (0% probabilities). UUP(-21%) VIXM(-12%) VXX(-10%) EDOC(-3%) TBT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.125% (StdDev 6.25%) |
Hourly BBV | 1.3 () |
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.