| ARKK latest price $96.9700 (-0.25%) ($93.9200 - $98.9000) on Wed. Sep. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.28% (three month average) |
RSI | 81 |
Latest Price | $96.9700(-0.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 1.2% a day on average for past five trading days. |
Weekly Trend | ARKK advances 4.3% 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) BOTZ(78%) ARKG(74%) IBUY(74%) IPO(73%) SKYY(73%) |
Factors Impacting ARKK price | ARKK will decline at least -1.14% in a week (0% probabilities). VIXM(-35%) UUP(-25%) TBT(-10%) VXX(-9%) DRIV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.14% (StdDev 2.28%) |
Hourly BBV | 0 () |
Intraday Trend | -2% |
| |
|
|