| ARCT latest price $24.9000 (-4.71%) ($24.9000 - $24.9000) on Mon. Apr. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.64% (three month average) |
RSI | 83 |
Latest Price | $24.9000(-4.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 0.8% a day on average for past five trading days. |
Weekly Trend | ARCT advances 31.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ARCT advance at 0% a week (0% probability) IWC(31%) ARKG(29%) ACES(26%) IWO(25%) IDRV(24%) |
Factors Impacting ARCT price | ARCT will decline at least -2.82% in a week (0% probabilities). UNG(-16%) UUP(-12%) VXX(-6%) VIXM(-3%) SMH(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.82% (StdDev 5.64%) |
Hourly BBV | -2.6 () |
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.