| ARKG latest price $45.8100 (5.19%) ($42.6200 - $45.8200) on Mon. Jun. 15, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.11% (three month average) |
RSI | 43 |
Latest Price | $45.8100(5.19%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 0.4% a day on average for past five trading days. |
Weekly Trend | ARKG declines -2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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(67%) IWO(67%) |
Factors Impacting ARKG price | ARKG will decline at least -2.055% in a week (0% probabilities). VIXM(-37%) UUP(-24%) VXX(-15%) TBT(-9%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.055% (StdDev 4.11%) |
Hourly BBV | 0 () |
Intraday Trend | 7.5% |
| |
|
|