| ARKK latest price $40.3400 (-1.39%) ($39.9400 - $41.0500) on Wed. Nov. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.33% (three month average) |
RSI | 62 |
Latest Price | $40.3400(-1.39%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 2.6% a day on average for past five trading days. |
Weekly Trend | ARKK advances 5.8% a week on average for past two weeks. |
Market Behavior | Normal 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(90%) IBUY(89%) IPO(86%) SPY(85%) DRIV(84%) |
Factors Impacting ARKK price | ARKK will decline at least -1.165% in a week (0% probabilities). TBT(-35%) UUP(-28%) VXX(-18%) VIXM(1%) URA(13%) |
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 | -1.165% (StdDev 2.33%) |
Hourly BBV | 0.3 () |
Intraday Trend | -1.7% |
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