| ARKG latest price $42.0100 (0.5%) ($41.5100 - $42.6200) on Thu. May. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.46% (three month average) |
RSI | 69 |
Latest Price | $42.0100(0.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 0.6% a day on average for past five trading days. |
Weekly Trend | ARKG advances 3.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ARKG advance at 0% a week (0% probability) ARKK(75%) XBI(72%) IBB(69%) IPO(67%) IWO(66%) |
Factors Impacting ARKG price | ARKG will decline at least -2.23% in a week (0% probabilities). VIXM(-37%) UUP(-23%) VXX(-15%) TBT(-8%) UNG(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.23% (StdDev 4.46%) |
Hourly BBV | 0 () |
Intraday Trend | -1.4% |
| |
|
|