| ARKG latest price $109.3000 (3.5%) ($106.1800 - $110.1100) on Thu. Jan. 14, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.99% (three month average) |
RSI | 53 |
Latest Price | $109.3000(3.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 1.1% a day on average for past five trading days. |
Weekly Trend | ARKG advances 3.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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 -1.495% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.495% (StdDev 2.99%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.6% |
| |
|
|