| ARKG latest price $69.9500 (-3.9%) ($69.8000 - $77.4800) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.69% (three month average) |
RSI | 47 |
Latest Price | $69.9500(-3.9%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 1.3% a day on average for past five trading days. |
Weekly Trend | ARKG advances 1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(70%) IBB(67%) IPO(66%) IWO(65%) |
Factors Impacting ARKG price | ARKG will decline at least -1.345% in a week (0% probabilities). VIXM(-36%) UUP(-23%) VXX(-13%) TBT(-11%) EDOC(-8%) |
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 | -1.345% (StdDev 2.69%) |
Hourly BBV | -1.9 () |
Intraday Trend | -9.6% |
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