| ARKK latest price $39.0900 (-3.1%) ($38.9400 - $40.8900) on Thu. Nov. 9, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.32% (three month average) |
RSI | 61 |
Latest Price | $39.0900(-3.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 0.4% a day on average for past five trading days. |
Weekly Trend | ARKK advances 6.4% 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(90%) IBUY(89%) IPO(87%) DRIV(85%) IWM(84%) |
Factors Impacting ARKK price | ARKK will decline at least -1.16% in a week (0% probabilities). TBT(-35%) UUP(-30%) VXX(-28%) VIXM(-11%) URA(14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.16% (StdDev 2.32%) |
Hourly BBV | -2.5 () |
Intraday Trend | -3.9% |
| |
|
|