| ARKG latest price $18.3800 (1.88%) ($18.3800 - $18.4600) on Mon. Jun. 6, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 76 |
Latest Price | $18.3800(1.88%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 1% a day on average for past five trading days. |
Weekly Trend | ARKG advances 4.2% 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(79%) XBI(78%) IBB(75%) IWO(72%) SKYY(68%) |
Factors Impacting ARKG price | ARKG will decline at least -0.925% in a week (0% probabilities). VIXM(-18%) UUP(-10%) TLT(-4%) IPO(-4%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.925% (StdDev 1.85%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
| |
|
|