| ARKK latest price $43.3100 (5.43%) ($40.8700 - $43.4150) on Tue. Aug. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 48 |
Latest Price | $43.3100(5.43%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 1.1% a day on average for past five trading days. |
Weekly Trend | ARKK declines -1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ARKK advance at 0% a week (0% probability) ARKG(88%) IBUY(88%) IPO(88%) IWO(84%) IWM(82%) |
Factors Impacting ARKK price | ARKK will decline at least -1.15% in a week (0% probabilities). VXX(-51%) VIXM(-46%) TBT(-39%) UUP(-32%) IGOV(2%) |
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 | -1.15% (StdDev 2.3%) |
Hourly BBV | 1.7 () |
Intraday Trend | 5.4% |
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