| ARKK latest price $41.9500 (5.11%) ($41.2100 - $42.0500) on Tue. Nov. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.41% (three month average) |
RSI | 74 |
Latest Price | $41.9500(5.11%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 0.5% a day on average for past five trading days. |
Weekly Trend | ARKK advances 7.3% 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(92%) IBUY(89%) IPO(84%) IWM(84%) IWO(84%) |
Factors Impacting ARKK price | ARKK will decline at least -1.205% in a week (0% probabilities). EDOC(-52%) TBT(-31%) UUP(-29%) VXX(-22%) VIXM(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.205% (StdDev 2.41%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1% |
| |
|
|