| ARKK latest price $134.9600 (-0.07%) ($132.8100 - $137.0180) on Wed. Dec. 23, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 86 |
Latest Price | $134.9600(-0.07%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 1.7% a day on average for past five trading days. |
Weekly Trend | ARKK advances 5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value 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 -1.06% in a week (0% probabilities). VIXM(-36%) UUP(-25%) TBT(-9%) VXX(-8%) EDOC(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.06% (StdDev 2.12%) |
Hourly BBV | 0.7 () |
Intraday Trend | -1.5% |
| |
|
|