| ARKK latest price $48.6900 (0.54%) ($47.7100 - $48.9880) on Mon. Dec. 4, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.45% (three month average) |
RSI | 82 |
Latest Price | $48.6900(0.54%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 1.4% a day on average for past five trading days. |
Weekly Trend | ARKK advances 6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ARKK advance at 0% a week (0% probability) ARKG(89%) TAN(87%) IBUY(86%) IWN(86%) EWP(85%) |
Factors Impacting ARKK price | ARKK will decline at least -1.225% in a week (0% probabilities). VIXM(-29%) VXX(-27%) UUP(-25%) TBT(-21%) BNDX(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.225% (StdDev 2.45%) |
Hourly BBV | 1 () |
Intraday Trend | 0.7% |
| |
|
|