ARK GENOMIC REVOLUTION ETF (ARKG) Stock Technical Analysis
NYSEARCA:ARKG - US00214Q3020 - ETF
25.24 USD
+0.95 (+3.91%)
25.5745 USD
+0.33 (+1.33%)
Overall ARKG gets a technical rating of 5 out of 10. ARKG has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
ARKG has an average volume of 2405100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, ARKG outperforms 54% of them, which is more or less in line with the market.
ARKG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARKG is lagging the market.
In the last month ARKG has a been trading in the 22.73 - 26.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
22.86
28.17
We found 3 important support areas.
- A support zone ranging from 24.24 to 24.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.79 from a trend line in the daily time frame.
- A support zone ranging from 23.09 to 23.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @25.41 from a trend line in the weekly time frame.
- A resistance zone ranging from 25.87 to 26.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.89 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for ARKG is neutral. |
| ChartMill Relative Strength | 54.05 | NEUTRAL | ARKG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ARKG is above a declining 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) | 56.52 | NEUTRAL | The RSI value for ARKG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ARKG has a positive trend. |
| Stochastics (14,3) | 62.77 | NEUTRAL | The Stochastics value for ARKG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for ARKG suggests some volalility. |
| Average Directional Index/ADX (14) | 14.08 | NEGATIVE | The low ADX value for ARKG suggests a weak or negative trend. |
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)
25.24
+0.95 (+3.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.91%
1 Week0%
2 Weeks7.96%
1 Month-2.92%
3 Month20.65%
6 Month-6.31%
12 Month-6.41%
2 Year-21.74%
3 Year-28.88%
5 Year-59.23%
10 Year19.45%
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%3.34%
ATR Inc38.15%
Range Today1.34
ADR(20)0.81
ADR(20)%3.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.05
Mansfield-0.5
10 Day High25.63
10 Day Low23.27
20 Day High26.29
20 Day Low22.73
52 Week High31.16
52 Week Low17.51
CS1 End24.58
CR1 Start25.41
Volume & EV
DER(3)0.88%
DER(5)-1.42%
Volume3.34M
Volume Incr-8.52%
Vol(5)2.27M
Vol(50)2.41M