| ARKK latest price $49.7600 (6.08%) ($47.8300 - $50.0400) on Wed. Aug. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.14% (three month average) |
RSI | 67 |
Latest Price | $49.7600(6.08%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 1.5% a day on average for past five trading days. |
Weekly Trend | ARKK advances 1.8% 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 ARKK advance at 0% a week (0% probability) BOTZ(81%) IBUY(50%) SKYY(50%) IVW(48%) DRIV(47%) |
Factors Impacting ARKK price | ARKK will decline at least -2.57% in a week (0% probabilities). UUP(-27%) TBT(-18%) VIXM(-12%) UNG(-3%) VXX(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.57% (StdDev 5.14%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3.7% |
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