| ARKK latest price $37.3900 (4.62%) ($36.4000 - $37.5000) on Fri. May. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.61% (three month average) |
RSI | 39 |
Latest Price | $37.3900(4.62%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 0.9% a day on average for past five trading days. |
Weekly Trend | ARKK declines -3.4% 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(47%) |
Factors Impacting ARKK price | ARKK will decline at least -1.305% in a week (0% probabilities). SMH(-14%) VXX(-11%) GLD(-9%) TBT(-8%) SHY(-7%) |
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 | -1.305% (StdDev 2.61%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.6% |
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