| ARKG latest price $32.2400 (0.81%) ($31.6400 - $32.3450) on Wed. Aug. 30, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 48 |
Latest Price | $32.2400(0.81%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 0.4% a day on average for past five trading days. |
Weekly Trend | ARKG declines -0.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ARKG advance at 0% a week (0% probability) ARKK(88%) IWO(87%) IWM(86%) XBI(86%) IBB(84%) |
Factors Impacting ARKG price | ARKG will decline at least -1.095% in a week (0% probabilities). TBT(-41%) VXX(-36%) UUP(-30%) VIXM(-29%) IGOV(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.095% (StdDev 2.19%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.8% |
| |
|
|