| ARKK latest price $123.9500 (-0.28%) ($122.5220 - $125.1300) on Wed. Dec. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 84 |
Latest Price | $123.9500(-0.28%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 0.6% a day on average for past five trading days. |
Weekly Trend | ARKK advances 5.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -1.095% in a week (0% probabilities). VIXM(-36%) UUP(-25%) TBT(-10%) 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 | -1.095% (StdDev 2.19%) |
Hourly BBV | -0.5 () |
Intraday Trend | -0.6% |
| |
|
|