| ARKK latest price $50.1700 (3.7%) ($47.4050 - $50.1700) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.48% (three month average) |
RSI | 79 |
Latest Price | $50.1700(3.7%) |
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 advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ARKK advance at 0% a week (0% probability) ARKG(93%) IWM(93%) IWO(93%) IWN(92%) TAN(92%) |
Factors Impacting ARKK price | ARKK will decline at least -1.24% in a week (0% probabilities). VXX(-43%) VIXM(-34%) UUP(-22%) TBT(-6%) BNDX(-4%) |
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 | -1.24% (StdDev 2.48%) |
Hourly BBV | 3.1 () |
Intraday Trend | 3.7% |
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