| ARCT latest price $32.6700 (0.31%) ($32.6100 - $32.6700) on Wed. Aug. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.67% (three month average) |
RSI | 50 |
Latest Price | $32.6700(0.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 2.7% a day on average for past five trading days. |
Weekly Trend | ARCT advances 1.5% 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) SMH(76%) XBI(68%) IBB(53%) ARKG(49%) XLK(46%) |
Factors Impacting ARCT price | ARCT will decline at least -2.335% in a week (0% probabilities). SHY(-24%) VXX(-23%) UNG(-19%) EMHY(-18%) VCSH(-13%) |
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 | -2.335% (StdDev 4.67%) |
Hourly BBV | 0.8 () |
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.