| ARKG latest price $28.2500 (-3.09%) ($28.1500 - $28.9300) on Tue. Dec. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 66 |
Latest Price | $28.2500(-3.09%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 0.1% a day on average for past five trading days. |
Weekly Trend | ARKG advances 2.9% 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) SPY(97%) IWM(91%) IWN(91%) IWO(90%) TAN(90%) |
Factors Impacting ARKG price | ARKG will decline at least -1.39% in a week (0% probabilities). TBT(-24%) VIXM(-23%) VXX(-20%) UUP(-17%) BNDX(-0%) |
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 | -1.39% (StdDev 2.78%) |
Hourly BBV | -1.2 () |
Intraday Trend | -2.4% |
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