| ARCT latest price $36.8600 (3.95%) ($36.8600 - $36.8600) on Mon. Jul. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.99% (three month average) |
RSI | 93 |
Latest Price | $36.8600(3.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 3.6% 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 | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ARCT advance at 0% a week (0% probability) SMH(34%) XBI(33%) XLK(33%) QQQ(31%) EWY(29%) |
Factors Impacting ARCT price | ARCT will decline at least -1.995% in a week (0% probabilities). VXX(-21%) VIXM(-21%) SHY(-19%) UUP(-16%) XOP(-14%) |
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 | -1.995% (StdDev 3.99%) |
Hourly BBV | 1.1 () |
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.