| ARKK latest price $101.2300 (1.7%) ($99.6400 - $101.2500) on Tue. Nov. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.5% (three month average) |
RSI | 60 |
Latest Price | $101.2300(1.7%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 1.3% a day on average for past five trading days. |
Weekly Trend | ARKK advances 3.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(73%) IBUY(73%) IPO(72%) SKYY(72%) |
Factors Impacting ARKK price | ARKK will decline at least -1.25% in a week (0% probabilities). VIXM(-35%) UUP(-25%) TBT(-10%) VXX(-8%) EDOC(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.25% (StdDev 2.5%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|