| ARKG latest price $27.6000 (1.66%) ($27.3310 - $28.0300) on Wed. Nov. 22, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 63 |
Latest Price | $27.6000(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 0.7% 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 | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ARKG advance at 0% a week (0% probability) IVW(98%) ARKK(91%) IWM(91%) IWN(91%) IWO(90%) |
Factors Impacting ARKG price | ARKG will decline at least -1.385% in a week (0% probabilities). TBT(-27%) UUP(-25%) VXX(-7%) VIXM(4%) BNDX(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.385% (StdDev 2.77%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0.4% |
| |
|
|