| ARKK latest price $37.6800 (-3.04%) ($37.5000 - $38.9600) on Fri. May. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.56% (three month average) |
RSI | 52 |
Latest Price | $37.6800(-3.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 0.2% a day on average for past five trading days. |
Weekly Trend | ARKK advances 3.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ARKK advance at 0% a week (0% probability) ARKG(84%) BOTZ(74%) BLOK(70%) ACES(69%) BWX(48%) |
Factors Impacting ARKK price | ARKK will decline at least -1.28% in a week (0% probabilities). SMH(-14%) VXX(-10%) TBT(-9%) GLD(-8%) XLP(-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 | -1.28% (StdDev 2.56%) |
Hourly BBV | -2 () |
Intraday Trend | -3.1% |
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