| ARKG latest price $73.6800 (-0.55%) ($72.8070 - $75.4100) on Mon. Nov. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 55 |
Latest Price | $73.6800(-0.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 1% a day on average for past five trading days. |
Weekly Trend | ARKG advances 3.6% a week on average for past two weeks. |
Market Behavior | Broad based 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(73%) XBI(70%) IBB(67%) IPO(66%) IWO(65%) |
Factors Impacting ARKG price | ARKG will decline at least -1.325% in a week (0% probabilities). VIXM(-36%) UUP(-22%) VXX(-13%) TBT(-11%) EDOC(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.325% (StdDev 2.65%) |
Hourly BBV | -0.8 () |
Intraday Trend | -2.3% |
| |
|
|