| ARCT latest price $30.8500 (-5.57%) ($30.7500 - $30.8500) on Thu. Aug. 24, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.73% (three month average) |
RSI | 49 |
Latest Price | $30.8500(-5.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 1.9% a day on average for past five trading days. |
Weekly Trend | ARCT advances 3.6% 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) SMH(74%) XBI(71%) IBB(59%) ARKG(53%) ARKK(44%) |
Factors Impacting ARCT price | ARCT will decline at least -2.365% in a week (0% probabilities). UNG(-24%) SHY(-18%) UUP(-14%) VIXM(-9%) VCSH(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.365% (StdDev 4.73%) |
Hourly BBV | -1.7 () |
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.