| ARKK latest price $50.4500 (2.04%) ($49.6900 - $50.4890) on Mon. Jul. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 62 |
Latest Price | $50.4500(2.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 1.3% a day on average for past five trading days. |
Market Behavior | Normal 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(87%) IPO(85%) IWO(84%) IWM(82%) |
Factors Impacting ARKK price | ARKK will decline at least -1.12% in a week (0% probabilities). VXX(-56%) VIXM(-50%) TBT(-40%) UUP(-32%) EDOC(3%) |
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 | -1.12% (StdDev 2.24%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.5% |
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