| ARKG latest price $32.6300 (1.18%) ($32.5400 - $33.0800) on Fri. Sep. 1, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 55 |
Latest Price | $32.6300(1.18%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 1.3% a day on average for past five trading days. |
Weekly Trend | ARKG advances 1.8% a week on average for past two weeks. |
Market Behavior | Value stock 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%) IWN(84%) |
Factors Impacting ARKG price | ARKG will decline at least -1.08% in a week (0% probabilities). TBT(-42%) VXX(-36%) UUP(-30%) VIXM(-29%) USO(7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.08% (StdDev 2.16%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.2% |
| |
|
|