| ARKK latest price $39.2400 (3.07%) ($37.9200 - $39.4850) on Thu. Mar. 16, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.07% (three month average) |
RSI | 54 |
Latest Price | $39.2400(3.07%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 1.1% a day on average for past five trading days. |
Weekly Trend | ARKK declines -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) ARKG(85%) BOTZ(74%) BLOK(70%) ACES(69%) CEMB(37%) |
Factors Impacting ARKK price | ARKK will decline at least -1.535% in a week (0% probabilities). EDOC(-20%) VIXM(-17%) SHY(-15%) GLD(-15%) VXX(-9%) |
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 | 1.8 () |
Intraday Trend | 1.8% |
| |
|
|