| ARKG latest price $32.5000 (5.35%) ($30.8600 - $32.5700) on Mon. May. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.33% (three month average) |
RSI | 76 |
Latest Price | $32.5000(5.35%) |
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 2.6% a week on average for past two weeks. |
Market Behavior | Normal 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(72%) BOTZ(65%) BWX(55%) CEMB(52%) |
Factors Impacting ARKG price | ARKG will decline at least -1.165% in a week (0% probabilities). VXX(-17%) SHY(-16%) GLD(-11%) VIXM(-10%) XLU(-4%) |
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 | -1.165% (StdDev 2.33%) |
Hourly BBV | 1.6 () |
Intraday Trend | 5.3% |
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