| ARKK latest price $111.3000 (0.04%) ($110.2640 - $112.2300) on Wed. Jun. 2, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.07% (three month average) |
RSI | 69 |
Latest Price | $111.3000(0.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 0.3% a day on average for past five trading days. |
Weekly Trend | ARKK advances 4.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support ARKK advance at 0% a week (0% probability) BOTZ(80%) IBUY(72%) ARKG(70%) IPO(70%) SKYY(70%) |
Factors Impacting ARKK price | ARKK will decline at least -1.535% in a week (0% probabilities). VIXM(-37%) UUP(-25%) TBT(-8%) VXX(-6%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.535% (StdDev 3.07%) |
Hourly BBV | -0.7 () |
Intraday Trend | -0% |
| |
|
|