| ARKK latest price $125.2000 (4.35%) ($117.7200 - $125.3200) on Thu. Dec. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 87 |
Latest Price | $125.2000(4.35%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 1.8% a day on average for past five trading days. |
Weekly Trend | ARKK advances 6.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ARKK advance at 0% a week (0% probability) BOTZ(79%) ARKG(73%) IBUY(73%) IPO(72%) SKYY(72%) |
Factors Impacting ARKK price | ARKK will decline at least -1.13% in a week (0% probabilities). VIXM(-36%) UUP(-25%) TBT(-9%) VXX(-8%) IGOV(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.13% (StdDev 2.26%) |
Hourly BBV | 1.2 () |
Intraday Trend | 6.3% |
| |
|
|