| ARCT latest price $17.8250 (2.92%) ($17.8250 - $17.8250) on Wed. Jan. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.2% (three month average) |
RSI | 51 |
Latest Price | $17.8250(2.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 0.9% a day on average for past five trading days. |
Weekly Trend | ARCT declines -1.2% 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(43%) XBI(42%) IWC(40%) IBB(37%) IWO(36%) |
Factors Impacting ARCT price | ARCT will decline at least -2.6% in a week (0% probabilities). VIXM(-12%) UUP(-10%) TBT(-7%) EDOC(-4%) VXX(-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 | -2.6% (StdDev 5.2%) |
Hourly BBV | 1.6 () |
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.