| ARKG latest price $36.2700 (-1.57%) ($36.1700 - $37.4300) on Fri. Jul. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.06% (three month average) |
RSI | 72 |
Latest Price | $36.2700(-1.57%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 1.8% a day on average for past five trading days. |
Weekly Trend | ARKG advances 4.4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ARKG advance at 0% a week (0% probability) ARKK(86%) IWO(86%) XBI(85%) IWM(84%) IBB(81%) |
Factors Impacting ARKG price | ARKG will decline at least -1.03% in a week (0% probabilities). TBT(-46%) VXX(-39%) VIXM(-33%) UUP(-33%) USO(9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.03% (StdDev 2.06%) |
Hourly BBV | -1.9 () |
Intraday Trend | -2.8% |
| |
|
|