ARK GENOMIC REVOLUTION ETF (ARKG) Technical Analysis
NYSEARCA:ARKG • US00214Q3020
Current stock price
30.88 USD
+0.17 (+0.55%)
At close:
30.7 USD
-0.18 (-0.58%)
After Hours:
ARKG Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to ARKG. ARKG has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- ARKG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ARKG is lagging the market slightly.
- In the last month ARKG has a been trading in the 24.60 - 31.86 range, which is quite wide. It is currently trading near the high of this range.
- ARKG has an average volume of 2558020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, ARKG outperforms 69% of them, which is more or less in line with the market.
ARKG Weekly and Daily overview Charts
ARKG Setup Rating and Analysis
ARKG has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
ARKG Support and Resistance Analysis
24.53
33.94
4 important support areas can be observed.
- A support zone ranging from 28.03 to 28.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.68 to 26.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.48 from a trend line in the weekly time frame.
- A support zone ranging from 24.78 to 24.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @32.63 from a horizontal line in the weekly time frame.
- Resistance @33.60 from a horizontal line in the daily time frame.
ARKG Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for ARKG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARKG is up. |
| ChartMill Relative Strength | 69.87 | NEUTRAL | ARKG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARKG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARKG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARKG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.01 | NEUTRAL | The RSI value for ARKG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests ARKG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.29 | OVERBOUGHT | The high Stochastics value suggests ARKG may be overbought. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for ARKG suggests some volalility. |
| Average Directional Index/ADX (14) | 21.79 | NEUTRAL | The ADX value for ARKG suggests a possible start of a new trend. |
ARKG Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
ARKG Technicals: Chart, Performance Metrics, Trend & Indicators
30.88
+0.17 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.55%
1 Week3.14%
2 Weeks11.04%
1 Month15.94%
3 Month-5.36%
6 Month-3.14%
12 Month37.86%
2 Year32.59%
3 Year6.63%
5 Year-65.25%
10 Year76.86%
15 YearN/A
Volatility
ATR(14)1.15
ATR(20)%3.73%
ATR Inc-18.37%
Range Today0.76
ADR(20)1
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.87
3 months CRS29.15
6 months CRS35.54
Mansfield0.47
10 Day High31.86
10 Day Low26.35
20 Day High31.86
20 Day Low24.6
52 Week High34.39
52 Week Low20.25
CS1 End28.6
CR1 Start32.63
Volume & EV
DER(3)-3.26%
DER(5)-1.89%
Volume1.42M
Volume Incr-2.07%
Vol(5)2.55M
Vol(50)2.56M
ARK GENOMIC REVOLUTION ETF / ARKG TA FAQ
Can you provide the ChartMill technical rating for ARK GENOMIC REVOLUTION ETF?
ChartMill assigns a technical rating of 6 / 10 to ARKG.
What is the trend direction for ARKG stock?
The current trend direction for ARK GENOMIC REVOLUTION ETF (ARKG) is Bearish.
Can you provide the RSI signal for ARK GENOMIC REVOLUTION ETF?
ARK GENOMIC REVOLUTION ETF (ARKG) has an RSI value of 65.013. This indicates that the stock is currently neutral.
What is the short term momentum for ARK GENOMIC REVOLUTION ETF (ARKG) stock?
The short term momentum for ARK GENOMIC REVOLUTION ETF (ARKG) is positive.