| ARKG latest price $46.9000 (-2.52%) ($46.9000 - $48.6800) on Wed. Jun. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.63% (three month average) |
RSI | 64 |
Latest Price | $46.9000(-2.52%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 0.3% a day on average for past five trading days. |
Weekly Trend | ARKG advances 1.8% 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 ARKG advance at 0% a week (0% probability) ARKK(75%) XBI(72%) IBB(68%) IPO(66%) IWO(66%) |
Factors Impacting ARKG price | ARKG will decline at least -2.315% in a week (0% probabilities). VIXM(-36%) UUP(-23%) VXX(-15%) TBT(-10%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.315% (StdDev 4.63%) |
Hourly BBV | 0 () |
Intraday Trend | -3.5% |
| |
|
|