| ARKK latest price $40.4700 (-3.55%) ($40.4200 - $42.2900) on Thu. Aug. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 21 |
Latest Price | $40.4700(-3.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 0.1% a day on average for past five trading days. |
Weekly Trend | ARKK declines -3.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ARKK advance at 0% a week (0% probability) ARKG(88%) IBUY(88%) IPO(87%) IWO(84%) IWM(82%) |
Factors Impacting ARKK price | ARKK will decline at least -1.13% in a week (0% probabilities). VXX(-53%) VIXM(-48%) TBT(-40%) UUP(-32%) IGOV(4%) |
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 | -1.13% (StdDev 2.26%) |
Hourly BBV | -1.1 () |
Intraday Trend | -4.3% |
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