| ARKK latest price $45.1200 (2.22%) ($44.5200 - $45.4300) on Mon. Jul. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 60 |
Latest Price | $45.1200(2.22%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 1.5% a day on average for past five trading days. |
Weekly Trend | ARKK advances 0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ARKK advance at 0% a week (0% probability) IBUY(87%) ARKG(85%) IPO(82%) IWO(82%) ONLN(81%) |
Factors Impacting ARKK price | ARKK will decline at least -0.99% in a week (0% probabilities). VXX(-53%) VIXM(-48%) TBT(-41%) UUP(-33%) UNG(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.99% (StdDev 1.98%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
| |
|
|