| ARKK latest price $44.1800 (1.99%) ($43.0600 - $44.4950) on Wed. Jun. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 63 |
Latest Price | $44.1800(1.99%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ARKK advances 0.7% a day on average for past five trading days. |
Weekly Trend | ARKK declines -0.3% 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) IBUY(86%) ARKG(85%) IPO(82%) IWO(82%) BOTZ(80%) |
Factors Impacting ARKK price | ARKK will decline at least -1.05% in a week (0% probabilities). VXX(-52%) VIXM(-47%) TBT(-39%) UUP(-32%) UNG(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.05% (StdDev 2.1%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.3% |
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