| ARKG latest price $103.3800 (8.5%) ($97.1750 - $103.6300) on Thu. Jan. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3% (three month average) |
RSI | 64 |
Latest Price | $103.3800(8.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 1.6% a day on average for past five trading days. |
Weekly Trend | ARKG declines -1.1% 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(68%) IPO(66%) IWO(66%) |
Factors Impacting ARKG price | ARKG will decline at least -1.5% in a week (0% probabilities). VIXM(-38%) UUP(-23%) VXX(-13%) TBT(-10%) UNG(-1%) |
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 | -1.5% (StdDev 3%) |
Hourly BBV | 1.8 () |
Intraday Trend | 6% |
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