| ARKK latest price $53.1800 (4.13%) ($51.4650 - $53.3950) on Tue. Dec. 19, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.53% (three month average) |
RSI | 74 |
Latest Price | $53.1800(4.13%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 1.9% a day on average for past five trading days. |
Weekly Trend | ARKK advances 4.1% 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(98%) TAN(96%) IWM(95%) IWN(95%) IWO(95%) |
Factors Impacting ARKK price | ARKK will decline at least -1.265% in a week (0% probabilities). EDOC(-65%) VXX(-39%) VIXM(-31%) TBT(-24%) SHY(19%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.265% (StdDev 2.53%) |
Hourly BBV | 2.1 () |
Intraday Trend | 3.2% |
| |
|
|