| ARKG latest price $28.6200 (1.31%) ($28.2700 - $29.3300) on Wed. Dec. 6, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.79% (three month average) |
RSI | 63 |
Latest Price | $28.6200(1.31%) |
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 advances 2.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ARKG advance at 0% a week (0% probability) IWO(93%) IWM(92%) IWN(91%) ARKK(89%) IFRA(88%) |
Factors Impacting ARKG price | ARKG will decline at least -1.395% in a week (0% probabilities). TBT(-24%) VIXM(-20%) VXX(-18%) UUP(-17%) BNDX(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.395% (StdDev 2.79%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0% |
| |
|
|