| ARKG latest price $30.7000 (2.47%) ($30.0800 - $30.7400) on Fri. Nov. 1, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 70 |
Latest Price | $30.7000(2.47%) |
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 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(77%) XBI(75%) IBB(72%) IWO(70%) IPO(69%) |
Factors Impacting ARKG price | ARKG will decline at least -0.945% in a week (0% probabilities). VIXM(-42%) VXX(-20%) UUP(-15%) TBT(-2%) IGOV(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.945% (StdDev 1.89%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
| |
|
|