| ARKG latest price $73.1000 (5.44%) ($70.6750 - $73.2700) on Wed. Nov. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.69% (three month average) |
RSI | 57 |
Latest Price | $73.1000(5.44%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 0.9% a day on average for past five trading days. |
Weekly Trend | ARKG advances 1.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.345% (StdDev 2.69%) |
Hourly BBV | 1.1 () |
Intraday Trend | 3.1% |
| |
|
|