| ARKK latest price $56.3300 (-3.15%) ($54.7700 - $58.7200) on Wed. May. 13, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.8% (three month average) |
RSI | 62 |
Latest Price | $56.3300(-3.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 0.4% 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 | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ARKK advance at 0% a week (0% probability) BOTZ(78%) ARKG(75%) IBUY(74%) IPO(74%) SKYY(73%) |
Factors Impacting ARKK price | ARKK will decline at least -2.4% in a week (0% probabilities). VIXM(-37%) UUP(-26%) VXX(-11%) TBT(-8%) UNG(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.4% (StdDev 4.8%) |
Hourly BBV | 0 () |
Intraday Trend | -2.9% |
| |
|
|