| ARKG latest price $29.3500 (3.78%) ($28.3800 - $29.5350) on Tue. Mar. 21, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.63% (three month average) |
RSI | 46 |
Latest Price | $29.3500(3.78%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 0.3% a day on average for past five trading days. |
Weekly Trend | ARKG declines -2.1% 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(85%) ACES(69%) BOTZ(65%) BLOK(51%) CEMB(42%) |
Factors Impacting ARKG price | ARKG will decline at least -1.315% in a week (0% probabilities). VXX(-22%) VIXM(-15%) SHY(-14%) GLD(-14%) EDOC(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.315% (StdDev 2.63%) |
Hourly BBV | 2.3 () |
Intraday Trend | 3% |
| |
|
|