| ARKK latest price $74.9400 (1.96%) ($74.5800 - $75.9200) on Thu. Jul. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.82% (three month average) |
RSI | 79 |
Latest Price | $74.9400(1.96%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 1.2% a day on average for past five trading days. |
Weekly Trend | ARKK advances 4.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ARKK advance at 0% a week (0% probability) BOTZ(78%) ARKG(75%) IBUY(74%) IPO(73%) SKYY(73%) |
Factors Impacting ARKK price | ARKK will decline at least -1.41% in a week (0% probabilities). VIXM(-36%) UUP(-26%) VXX(-10%) TBT(-9%) XLC(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.41% (StdDev 2.82%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
| |
|
|