| ARKK latest price $123.7200 (1.38%) ($122.3000 - $124.7300) on Wed. Sep. 1, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 52 |
Latest Price | $123.7200(1.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 0.4% a day on average for past five trading days. |
Weekly Trend | ARKK advances 1.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ARKK advance at 0% a week (0% probability) BOTZ(81%) IBUY(72%) ARKG(70%) SKYY(70%) IPO(69%) |
Factors Impacting ARKK price | ARKK will decline at least -0.86% in a week (0% probabilities). VIXM(-37%) UUP(-25%) TBT(-8%) VXX(-6%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.86% (StdDev 1.72%) |
Hourly BBV | 1 () |
Intraday Trend | 1% |
| |
|
|