| ARKK latest price $80.7200 (2.38%) ($79.6400 - $81.2400) on Wed. Jul. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.6% (three month average) |
RSI | 79 |
Latest Price | $80.7200(2.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 2.5% 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 rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ARKK advance at 0% a week (0% probability) BOTZ(78%) ARKG(75%) IBUY(74%) IPO(73%) SKYY(73%) |
Factors Impacting ARKK price | ARKK will decline at least -1.3% in a week (0% probabilities). VIXM(-36%) UUP(-26%) VXX(-10%) TBT(-9%) DRIV(-3%) |
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 | -1.3% (StdDev 2.6%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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