| ARKG latest price $73.2800 (0.25%) ($72.5300 - $74.6100) on Thu. Nov. 12, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 56 |
Latest Price | $73.2800(0.25%) |
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 1.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ARKG advance at 0% a week (0% probability) ARKK(74%) XBI(70%) IBB(67%) IPO(66%) IWO(65%) |
Factors Impacting ARKG price | ARKG will decline at least -1.335% in a week (0% probabilities). VIXM(-36%) UUP(-23%) VXX(-13%) TBT(-11%) EDOC(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.335% (StdDev 2.67%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.6% |
| |
|
|