BIT:ARKG - Euronext Milan - IE000O5M6XO1 - ETF - Currency: EUR
We assign a technical rating of 3 out of 10 to ARKG. In the last year, ARKG was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, ARKG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.97, a Stop Loss order could be placed below this zone.
3.89
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ARKG.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARKG.MI is neutral. |
ChartMill Relative Strength | 0 | NEGATIVE | ARKG.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARKG.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARKG.MI is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 51.66 | NEUTRAL | The RSI value for ARKG.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ARKG.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 41.11 | NEUTRAL | The Stochastics value for ARKG.MI is a neutral value. |
Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for ARKG.MI suggests some volalility. |
Average Directional Index/ADX (14) | 10.65 | NEGATIVE | The low ADX value for ARKG.MI suggests a weak or negative trend. |
BIT:ARKG (7/17/2025, 7:00:00 PM)
3.9805
+0.05 (+1.23%)