| ARKK latest price $39.1600 (4.01%) ($38.0700 - $39.5200) on Thu. Apr. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.08% (three month average) |
RSI | 58 |
Latest Price | $39.1600(4.01%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 0.6% a day on average for past five trading days. |
Weekly Trend | ARKK advances 0.8% 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(84%) BOTZ(74%) ACES(69%) BLOK(68%) CEMB(43%) |
Factors Impacting ARKK price | ARKK will decline at least -1.54% in a week (0% probabilities). VXX(-15%) SHY(-12%) VIXM(-11%) SMH(-11%) GLD(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.54% (StdDev 3.08%) |
Hourly BBV | 0.9 () |
Intraday Trend | 2.6% |
| |
|
|