| ARKK latest price $82.4900 (-2.8%) ($81.2400 - $84.8200) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.37% (three month average) |
RSI | 46 |
Latest Price | $82.4900(-2.8%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 0.5% a day on average for past five trading days. |
Weekly Trend | ARKK advances 1.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ARKK advance at 0% a week (0% probability) BOTZ(78%) ARKG(74%) IBUY(74%) IPO(73%) SKYY(73%) |
Factors Impacting ARKK price | ARKK will decline at least -1.185% in a week (0% probabilities). VIXM(-35%) UUP(-26%) TBT(-10%) VXX(-9%) DRIV(-4%) |
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 | -1.185% (StdDev 2.37%) |
Hourly BBV | 0 () |
Intraday Trend | -2.5% |
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