| ARKK latest price $51.0700 (-0.08%) ($50.5600 - $51.6400) on Mon. Dec. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.5% (three month average) |
RSI | 71 |
Latest Price | $51.0700(-0.08%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 1% a day on average for past five trading days. |
Weekly Trend | ARKK advances 3.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ARKK advance at 0% a week (0% probability) ARKG(98%) TAN(96%) IWM(95%) IWN(95%) IWO(95%) |
Factors Impacting ARKK price | ARKK will decline at least -1.25% in a week (0% probabilities). EDOC(-65%) VXX(-39%) VIXM(-33%) TBT(-24%) UUP(-22%) |
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 | -1.25% (StdDev 2.5%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0.9% |
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