| ARCT latest price $31.5000 (3.65%) ($31.5000 - $31.5000) on Fri. Sep. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.68% (three month average) |
RSI | 61 |
Latest Price | $31.5000(3.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 0.1% a day on average for past five trading days. |
Weekly Trend | ARCT advances 3.5% a week on average for past two weeks. |
Market Behavior | Value 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) XBI(85%) BLOK(70%) IVW(70%) SPY(70%) IBB(69%) |
Factors Impacting ARCT price | ARCT will decline at least -2.34% in a week (0% probabilities). VXX(-36%) UNG(-26%) UUP(-20%) VIXM(-16%) TLT(-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 | -2.34% (StdDev 4.68%) |
Hourly BBV | 0.6 () |
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.