| ARKG latest price $25.0500 (-4.1%) ($24.9000 - $26.2500) on Wed. Nov. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 56 |
Latest Price | $25.0500(-4.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 1.5% a day on average for past five trading days. |
Weekly Trend | ARKG advances 4.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ARKG advance at 0% a week (0% probability) IWO(91%) ARKK(90%) IWM(90%) IWN(89%) IBUY(88%) |
Factors Impacting ARKG price | ARKG will decline at least -1.15% in a week (0% probabilities). TBT(-34%) UUP(-27%) VXX(-12%) VIXM(5%) URA(16%) |
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 | -1.15% (StdDev 2.3%) |
Hourly BBV | -1.4 () |
Intraday Trend | -4.3% |
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