| ARKK latest price $44.4100 (6.52%) ($43.0950 - $45.4600) on Thu. Feb. 2, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.78% (three month average) |
RSI | 73 |
Latest Price | $44.4100(6.52%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 3.1% a day on average for past five trading days. |
Weekly Trend | ARKK advances 7.2% 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) ARKG(86%) BLOK(73%) BOTZ(73%) ACES(69%) IPO(44%) |
Factors Impacting ARKK price | ARKK will decline at least -1.89% in a week (0% probabilities). VIXM(-23%) GLD(-12%) VXX(-10%) SHY(-8%) TBT(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.89% (StdDev 3.78%) |
Hourly BBV | 1.1 () |
Intraday Trend | 2.5% |
| |
|
|