| ARKG latest price $32.9650 (2.89%) ($32.2000 - $33.1400) on Tue. Dec. 26, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.13% (three month average) |
RSI | 66 |
Latest Price | $32.9650(2.89%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKG advances 1.3% a day on average for past five trading days. |
Weekly Trend | ARKG advances 5.6% 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) XBI(92%) UUP(3%) IWN(99%) IWM(95%) (0%) |
Factors Impacting ARKG price | ARKG will decline at least -1.565% in a week (0% probabilities). IWM(95%) IWN(99%) JETS(102%) IWO(105%) TAN(103%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.565% (StdDev 3.13%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
| |
|
|