| ARKK latest price $121.7100 (-0.77%) ($121.2500 - $123.4200) on Thu. Jul. 22, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 34 |
Latest Price | $121.7100(-0.77%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 0.9% a day on average for past five trading days. |
Weekly Trend | ARKK declines -2.6% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ARKK advance at 0% a week (0% probability) BOTZ(80%) IBUY(72%) ARKG(70%) IPO(70%) SKYY(70%) |
Factors Impacting ARKK price | ARKK will decline at least -1.06% in a week (0% probabilities). VIXM(-36%) UUP(-25%) TBT(-8%) VXX(-6%) UNG(-2%) |
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 | 0.5 () |
Intraday Trend | -0.6% |
| |
|
|