| ARKK latest price $40.9700 (1.24%) ($40.1400 - $41.3400) on Fri. Aug. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.23% (three month average) |
RSI | 26 |
Latest Price | $40.9700(1.24%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 0.3% a day on average for past five trading days. |
Weekly Trend | ARKK declines -3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally 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 -1.115% in a week (0% probabilities). VXX(-52%) VIXM(-47%) TBT(-40%) UUP(-32%) EDOC(-5%) |
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 | -1.115% (StdDev 2.23%) |
Hourly BBV | -0.2 () |
Intraday Trend | 1.2% |
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