| ARKG latest price $54.0600 (1.64%) ($53.3800 - $54.7500) on Thu. Jul. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3% (three month average) |
RSI | 82 |
Latest Price | $54.0600(1.64%) |
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 6.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ARKG advance at 0% a week (0% probability) ARKK(75%) XBI(71%) IBB(68%) IPO(66%) IWO(66%) |
Factors Impacting ARKG price | ARKG will decline at least -1.5% in a week (0% probabilities). VIXM(-36%) UUP(-23%) VXX(-14%) TBT(-10%) XLC(-2%) |
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 | -1.5% (StdDev 3%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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