| ARKG latest price $31.5900 (2%) ($31.0000 - $31.8000) on Wed. Aug. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 26 |
Latest Price | $31.5900(2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 0.6% a day on average for past five trading days. |
Weekly Trend | ARKG declines -3.8% 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(88%) IWO(87%) IWM(86%) XBI(86%) IBB(84%) |
Factors Impacting ARKG price | ARKG will decline at least -1.065% in a week (0% probabilities). TBT(-41%) VXX(-36%) UUP(-31%) VIXM(-29%) EDOC(-13%) |
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 | -1.065% (StdDev 2.13%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.9% |
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