| ARKG latest price $56.8200 (5.81%) ($54.0500 - $57.1000) on Mon. Aug. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.95% (three month average) |
RSI | 53 |
Latest Price | $56.8200(5.81%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 0.2% 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 | Growth 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(74%) XBI(71%) IBB(68%) IPO(66%) IWO(66%) |
Factors Impacting ARKG price | ARKG will decline at least -1.475% in a week (0% probabilities). VIXM(-35%) UUP(-23%) VXX(-14%) TBT(-10%) XLC(-4%) |
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 | -1.475% (StdDev 2.95%) |
Hourly BBV | 0 () |
Intraday Trend | 4.7% |
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