| ARKG latest price $57.6300 (2.64%) ($56.5200 - $57.9800) on Wed. Jul. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.91% (three month average) |
RSI | 80 |
Latest Price | $57.6300(2.64%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 2% a day on average for past five trading days. |
Weekly Trend | ARKG advances 6% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(71%) IBB(68%) IPO(66%) IWO(66%) |
Factors Impacting ARKG price | ARKG will decline at least -1.455% in a week (0% probabilities). VIXM(-35%) UUP(-23%) VXX(-14%) TBT(-10%) XLC(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.455% (StdDev 2.91%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
| |
|
|