| ARKK latest price $52.3100 (2.55%) ($51.2850 - $52.4600) on Thu. Dec. 21, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.56% (three month average) |
RSI | 66 |
Latest Price | $52.3100(2.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 0.1% a day on average for past five trading days. |
Weekly Trend | ARKK advances 3.5% 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%) IVE(97%) IWM(97%) IWN(97%) IWO(97%) |
Factors Impacting ARKK price | ARKK will decline at least -1.28% in a week (0% probabilities). UUP(-22%) TBT(-19%) SHY(17%) URA(18%) VCSH(33%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.28% (StdDev 2.56%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0.4% |
| |
|
|