Trading Signals: ARKG Stock Price Prediction and Forecast

^ ARKG: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Thu. Aug. 20, 2020

Trading Signals: ARKG Stock Price Prediction and Forecast (Mon. Aug. 24, 2015 - Tue. Jan. 26, 2021)

(ARK Genomic Revolution ETF)
ARKG latest price $62.4600 (-0.62%) ($62.0800 - $62.9300) on Thu. Aug. 20, 2020.

Trend Analysis and Forecast

Trend Pattern   Growing Uptrend
Trend Narrative   After Top
Average Daily Price Swing   $2.78 (4.82% one month average)
Average Daily Percentage Swing   2.77% (three month average)
Weekly Trend Force   0.8% (StdDev 2.77%)
Daily Moving Force   1.1%
Correction Force   Weak (0%)
Trend   0.7%
Trend Strength   3.3%
RSI   74
Momentum   1.7
Latest Price   $62.4600(-0.62%)
Forecasted Low Price   62.02(-0.7%)
Forecasted High Price   64.27(2.9%)
Direction of Next Movement   Higher(2.5%)
% Change Needed to Confirm Correction   1.2% (61.71)
% Change Needed for Trend Reversal   6.2%
Hourly Trend 0.9% [$62.66(0.55), $61.71(0.89)]
Stocks Behave Similarly   Similar Stock List
Complacency   8
Intraday Reversal Probability   N/A.
Daily Trend   ARKG advances 1% a day on average for past five trading days.
Weekly Trend   ARKG advances 4.1% a week on average for past two weeks.
Market Behavior   Rotation from value to growth for large cap. Normal for small cap.
Correlated ETFs   Broad market will support ARKG advance at 0.4% a week (84% probability)
ARKK(89%)    XBI(82%)    IBB(73%)    IPO(69%)    IWO(65%)
Factors Impacting ARKG price   ARKG will decline at least -0.1% in a week (29% probabilities).
VXX(-40%)    VIXM(-32%)    UUP(-17%)    IGOV(-15%)    UNG(-8%)
Explanation The rally is not sustainable and not supported by the broad market.
Trading Plan   Not Available

Valuation to SPY 1.7

Relative Volatility 2.2 (options are extremely expensive)

Market Trend Strength   1.1% (StdDev 2.77%)
Hourly BBV 0 ()
Intraday Trend -0.6%

Next Hour Price   $62.46(0%)
Support Level   $57.71
5 Day Moving Average   $61.31(1.88%)
10 Day Moving Average   $59.6(4.8%)
20 Day Moving Average   $57.71(8.23%)
To recent high   -0.6%
To recent low   46.6%
Market Cap   $N/A

Option Sentiment

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. ARKG price fluctuates within 4.82% (three month std-dev: 2.77% one year average std_dev: 0%) daily (68% of days).
$. ARKG price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200920

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Aug_20_2020	57.71 (0.4%)	59.6 (0.8%)	61.31 (1%)	61.71	62.66(0%)	62.46(-0.62%)	62.08-62.93	0.5,1.5(1.7)	0	1.1%	0.8%	0%	0.7%	3.3%	74	1.7	Growing Uptrend	Higher(2.2%)	8	1.7	1.5	After Top	62.48(0.04%)	59.75-64.72	0.74	-0.6%-46.6%
2	Aug_19_2020	57.33 (0.4%)	59.11 (0.8%)	60.7 (1.6%)	60.82	62.11(0%)	62.85(1.8%)	62-63.96	0.6,2(2.2)	0	1.9%	0.8%	0%	0.68%	3.1%	70	1.6	Overbought	Higher(2.7%)	8	2	1.6	Uptrend	63.61(1.21%)	61.81-64.38	1.16	0%-47.5%
3	Aug_18_2020	57.01 (0.2%)	58.6 (0.8%)	59.72 (1.9%)	59.86	60.75(0%)	61.74(1.28%)	60.54-61.9	0.5,2(2.2)	0	1.9%	0.7%	0%	0.64%	2.8%	71	1.4	Growing Uptrend	Higher(2.6%)	8	1.3	1.6	Growing Uptrend	62.51(1.25%)	60.85-62.93	0.69	0%-44.9%
4	Aug_17_2020	56.75 (0.2%)	58.14 (0.8%)	58.62 (0.9%)	58.81	59.53(0%)	60.96(4.1%)	58.78-61.12	0.5,2(2.1)	0	1%	0.6%	0%	0.54%	2.5%	68	1.2	Growing Uptrend	Higher(1.6%)	8	1	1.8	Growing Uptrend	61.47(0.83%)	60.12-61.8	0.64	0%-43.1%
5	Aug_14_2020	56.59 (0.2%)	57.7 (0.6%)	58.1 (0.8%)	58.17	58.96(0%)	58.56(-1.43%)	58.29-59.66	0.5,0.9(1.1)	0	1%	0.6%	0%	0.5%	2%	56	1.1	Growing Uptrend	Higher(2.3%)	8	-0.1	1.8	Growing Uptrend	59(0.75%)	58.25-59.19	0.45	-1.4%-37.7%

6	Aug_13_2020	56.51 (0.2%)	57.24 (0.6%)	57.62 (0.6%)	58.05	58.09(0%)	59.41(2.59%)	58.14-59.7	0.3,1.5(1.7)	0	1%	0.7%	0%	0.44%	1.3%	64	1	Growing Uptrend	Higher(1.7%)	7	0.3	1.7	Growing Uptrend	59.72(0.53%)	58.88-59.94	0.65	0%-39.7%
7	Aug_12_2020	56.33 (0.2%)	56.77 (0.4%)	57.29 (-0.1%)	57.51	57.39(0%)	57.91(2.95%)	56.47-58.13	0.1,0.8(1)	0	-0.6%	0.5%	0%	0.36%	0.8%	57	0.9	Correction	Range(-0.1%)	6	-0.5	1.5	Growing Uptrend	58.18(0.47%)	57.67-58.31	0.56	-1.2%-36.1%
8	Aug_11_2020	56.29 (0.2%)	56.36 (0.4%)	57.32 (-0.4%)	57.7	58.01(0%)	56.25(-3.6%)	56.16-58.76	0.5,-0.1(-0)	0	0.2%	0.3%	0%	0.3%	0.1%	48	0.9	Growing Uptrend	Higher(2.3%)	6	-1	1.3	Uptrend	56.48(0.4%)	56.29-56.55	0.67	-4%-32.2%
9	Aug_10_2020	56.27 (0.2%)	56.17 (0.4%)	57.56 (0.5%)	57.73	57.62(0%)	58.35(3.86%)	57.84-59.7	0,1.2(1.3)	0	0.5%	0.4%	0%	0.28%	-0.2%	52	0.9	Growing Uptrend	Range(0.9%)	6	-0.2	1.6	Uptrend	58.47(0.2%)	57.98-58.68	0.63	-0.4%-37.2%
10	Aug_7_2020	56.08 (0%)	55.93 (0.2%)	57.25 (0.9%)	57.34	57.39(0%)	56.18(-2.7%)	55.44-57.83	0.1,-0(0.1)	0	-0.1%	0.3%	0%	0.18%	-0.3%	43	0.9	Uptrend Consolidation	Higher(1.6%)	6	-1.3	1.6	Uptrend	56.34(0.28%)	56.18-56.4	0.74	-4.1%-33.7%

11	Aug_6_2020	56.06 (0%)	55.71 (0%)	56.75 (1.1%)	57.05	57.84(0%)	57.74(-0.59%)	57.32-58.7	0.7,1(1.1)	0	1.2%	0.4%	0%	0.02%	-0.6%	51	0.9	N/A Downtrend Pop	Higher(1.9%)	5	-0.4	1.6	Range Bound	57.5(-0.41%)	57.11-57.82	0.52	-1.5%-38.1%
12	Aug_5_2020	56.03 (0%)	55.44 (-0.2%)	56.14 (1.6%)	56.11	57.29(0%)	58.08(1.13%)	56.78-58.21	0.8,1.3(1.3)	0	1.7%	0.2%	0%	-0.08%	-1%	55	0.9	Uptrend Reversal	Higher(1.9%)	4	0	1.6	N/A	57.55(-0.92%)	56.9-58.08	0.9	-0.9%-39.7%
13	Aug_4_2020	55.98 (0%)	55.29 (-0.4%)	55.27 (1.3%)	55.21	56.27(0%)	57.43(1.07%)	56-57.46	0.7,1(1)	0	1.8%	0.1%	0%	-0.22%	-1.2%	49	0.9	Uptrend Reversal	Higher(1.9%)	4	-0.2	1.5	Downtrend	57.23(-0.34%)	57.28-57.13	0.74	-2%-39.5%
14	Aug_3_2020	55.91 (0%)	55.21 (-0.4%)	54.59 (0.2%)	54.48	54.92(0%)	56.82(5.81%)	54.05-57.1	0.2,0.7(0.6)	0	0.8%	-0.1%	0%	-0.28%	-1.3%	53	0.9	Downtrend Consolidation	Range(0.7%)	4	-0.3	1.6	Correction	56.24(-1.02%)	55.95-56.6	1.65	-3.1%-38%
15	Jul_31_2020	55.82 (0.2%)	55.33 (-0.4%)	54.49 (-0%)	54.39	54.15(0%)	53.7(-1.77%)	53.01-55.2	-0.2,-1.3(-1.5)	0	%	-0.5%	0%	-0.18%	-0.9%	50	0.9	Growing Downtrend	Range(0.4%)	4	-1.8	1.7	Correction	52.89(-1.51%)	52.72-53.56	0.59	-8.4%-34.8%

16	Jul_30_2020	55.86 (0.2%)	55.68 (-0.2%)	54.51 (-0.2%)	54.63	54.05(0%)	54.67(1.77%)	53.15-54.91	-0.3,-0.8(-0.8)	0	-0.6%	-0.2%	0%	-0.14%	-0.3%	49	0.9	Downtrend Pop	Range(-0.8%)	5	-1.1	1.7	After Bottom	54.92(0.46%)	54.46-55.3	0.62	-6.7%-37.2%
17	Jul_29_2020	55.81 (0.2%)	55.83 (-0.4%)	54.63 (-1.2%)	54.66	54.62(0%)	53.72(-0.61%)	53.55-54.56	-0,-1.2(-1.4)	0	-1.1%	-0.5%	0%	-0.16%	0%	42	0.9	Growing Downtrend	Range(-1.3%)	6	-1.7	1.9	Correction	52.87(-1.58%)	52.7-53.57	0.56	-8.3%-34.8%
18	Jul_28_2020	55.76 (0.2%)	56.23 (-0.2%)	55.29 (-1.1%)	55.19	55.21(0%)	54.05(-4.01%)	54.05-56.29	-0,-1(-1)	0	%	-0.2%	0%	-0.04%	0.8%	42	1	Downtrend Consolidation	Higher(1.8%)	6	-1.2	1.8	Correction	53.26(-1.46%)	53.08-53.97	0.75	-7.8%-35.6%
19	Jul_27_2020	55.65 (0.4%)	56.43 (-0%)	55.89 (-0.8%)	55.65	54.69(0%)	56.31(4.7%)	54.12-56.43	-0.6,0.3(0.3)	0	-1%	0.3%	0%	0.04%	1.4%	51	1.2	Correction	Range(-0.7%)	5	0.1	1.8	Correction	55.99(-0.57%)	55.72-56.31	1.33	-3.9%-41.3%
20	Jul_24_2020	55.38 (0.4%)	56.27 (-0%)	56.35 (-1.2%)	56.41	55.17(0%)	53.78(-2.7%)	53.11-54.85	-0.5,-0.6(-0.7)	0	-2.1%	-0.3%	0%	0.12%	1.6%	49	1.4	Downtrend Reversal	Range(-1.1%)	5	-1.1	1.5	Correction	53.11(-1.24%)	52.92-53.89	0.83	-8.2%-35%

21	Jul_23_2020	55.34 (0.6%)	56.5 (0.2%)	57.02 (-0.3%)	57.42	56.61(0%)	55.27(-3.07%)	54.81-57.49	-0.2,0(-0)	0	-1.1%	-0.2%	0%	0.3%	2.1%	56	1.4	Downtrend Reversal	Range(0.2%)	6	-0.5	1.4	Uptrend Consolidation	55.35(0.14%)	55.27-55.57	0.87	-5.7%-42.6%
22	Jul_22_2020	55.16 (0.8%)	56.73 (0.4%)	57.18 (-0.2%)	57.58	57.65(0%)	57.02(-0.11%)	56.25-57.5	0.2,0.8(0.8)	0	-0.5%	0%	0%	0.46%	2.8%	64	1.5	Downtrend Reversal Correction	Range(-0.4%)	7	0.1	1.7	Uptrend Consolidation	56.6(-0.73%)	56.27-57.61	0.51	-2.7%-47.1%
23	Jul_21_2020	54.96 (0.8%)	56.78 (0.6%)	57.29 (0.5%)	57.44	58.22(0%)	57.08(-2.61%)	57-59.5	0.4,0.8(0.9)	0	0.8%	0.3%	0%	0.64%	3.3%	67	1.5	Uptrend Dip	Higher(2.4%)	7	0.3	1.7	After Top	57.61(0.92%)	55.95-58.97	0.83	-2.6%-51.2%
24	Jul_20_2020	54.67 (1%)	56.69 (0.6%)	57.03 (1.4%)	57.17	57.51(0%)	58.61(2.57%)	57.43-58.74	0.2,1.4(1.6)	0	1.5%	0.7%	0%	0.76%	3.7%	74	1.6	Growing Uptrend	Higher(2.2%)	7	1	2.1	Uptrend	59.51(1.53%)	57.88-60.21	0.92	0%-55.3%
25	Jul_17_2020	54.15 (1%)	56.33 (0.6%)	56.22 (0.5%)	56.3	56.67(0%)	57.14(1.94%)	56.21-57.47	0.2,1(1.1)	0	0.1%	0.6%	0%	0.78%	4%	74	1.7	Growing Uptrend	Range(0.7%)	7	0.7	2	Uptrend	58.06(1.61%)	56.57-58.7	0.75	-0.9%-52.7%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low

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