BIT:ARKG - Euronext Milan - IE000O5M6XO1 - ETF - Currency: EUR
Taking everything into account, ARKG scores 3 out of 10 in our technical rating. ARKG performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
ARKG has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
3.44
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) | 49.93 | NEUTRAL | The RSI value for ARKG.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ARKG.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 83.9 | OVERBOUGHT | The high Stochastics value suggests ARKG.MI may be overbought. |
Average True Range in percent/ATR (20) | 3.9 | MEDIUM VOLATILITY | The ATR as a percentage value for ARKG.MI suggests some volalility. |
Average Directional Index/ADX (14) | 15.05 | NEGATIVE | The low ADX value for ARKG.MI suggests a weak or negative trend. |
BIT:ARKG (6/20/2025, 7:00:00 PM)
3.851
-0.1 (-2.52%)