| ARKG latest price $63.0800 (2.3%) ($61.3730 - $63.1700) on Fri. Sep. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 55 |
Latest Price | $63.0800(2.3%) |
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 1.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off 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 -1.35% in a week (0% probabilities). VIXM(-36%) UUP(-23%) VXX(-13%) TBT(-11%) EDOC(-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 | -1.35% (StdDev 2.7%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.5% |
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