| ARKK latest price $38.5700 (2.36%) ($37.4700 - $38.8800) on Mon. May. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.48% (three month average) |
RSI | 65 |
Latest Price | $38.5700(2.36%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 0.4% a day on average for past five trading days. |
Weekly Trend | ARKK advances 3.9% a week on average for past two weeks. |
Market Behavior | Value stock 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%) ACES(69%) BLOK(69%) CEMB(50%) |
Factors Impacting ARKK price | ARKK will decline at least -1.24% in a week (0% probabilities). TBT(-11%) VXX(-10%) XLP(-8%) SHY(-6%) GLD(-6%) |
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 | -1.24% (StdDev 2.48%) |
Hourly BBV | 0.5 () |
Intraday Trend | 2.6% |
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