| ARKK latest price $49.6800 (2.29%) ($48.2000 - $49.8900) on Mon. Jul. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 78 |
Latest Price | $49.6800(2.29%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 1.8% a day on average for past five trading days. |
Weekly Trend | ARKK advances 5.9% a week on average for past two weeks. |
Market Behavior | Growth 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) IBUY(88%) ARKG(86%) IWO(83%) IPO(81%) IWM(81%) |
Factors Impacting ARKK price | ARKK will decline at least -1.045% in a week (0% probabilities). VXX(-51%) VIXM(-46%) TBT(-42%) UUP(-34%) UNG(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 | -1.045% (StdDev 2.09%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.3% |
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