ARKK in +2.69% Uptrend, advancing for three consecutive days on December 17, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where ARKK advanced for three days, in of 338 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 27, 2024. You may want to consider a long position or call options on ARKK as a result. In of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 306 cases where ARKK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for ARKK moved out of overbought territory on December 09, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 43 similar instances where the indicator moved out of overbought territory. In of the 43 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The Moving Average Convergence Divergence Histogram (MACD) for ARKK turned negative on December 13, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ARKK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ARKK broke above its upper Bollinger Band on December 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
General Information
Category MidCapGrowth
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| SDP | 16.87 | 0.12 | +0.72% |
| ProShares UltraShort Utilities | |||
| EMC | 26.98 | 0.02 | +0.07% |
| Global X Emerging Mkts Great Cnsmr ETF | |||
| PVAL | 37.86 | -0.26 | -0.68% |
| Putnam Focused Large Cap Value ETF | |||
| PALL | 86.01 | -0.66 | -0.76% |
| abrdn Physical Palladium Shares ETF | |||
| ROSC | 46.04 | -0.66 | -1.41% |
| Hartford Multifactor Small Cap ETF | |||
ARKK and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ARKK has been closely correlated with VXF. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if ARKK jumps, then VXF could also see price increases.
| Ticker / NAME | Correlation To ARKK | 1D Price Change % | ||
|---|---|---|---|---|
| ARKK | 100% | +0.06% | ||
| VXF - ARKK | 89% Closely correlated | -1.20% | ||
| KOMP - ARKK | 89% Closely correlated | -0.87% | ||
| IPO - ARKK | 89% Closely correlated | -1.14% | ||
| IWP - ARKK | 84% Closely correlated | -0.80% | ||
| FPX - ARKK | 84% Closely correlated | -1.33% | ||
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