ARK INNOVATION UCITS ETF (ARKK.MI) Stock Technical Analysis
BIT:ARKK - Euronext Milan - IE000GA3D489 - ETF - Currency: EUR
Overall ARKK gets a technical rating of 4 out of 10. In the last year, ARKK was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
ARKK has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 5.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.13, a Stop Loss order could be placed below this zone.
More info and screens
3.70
3 important support areas can be observed.
- A support zone ranging from 5.10 to 5.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.91 to 3.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.74 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.30 to 5.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ARKK.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARKK.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ARKK.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 ARKK.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ARKK.MI is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 59.8 | NEUTRAL | The RSI value for ARKK.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ARKK.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.14 | OVERBOUGHT | The high Stochastics value suggests ARKK.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for ARKK.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.82 | NEUTRAL | The ADX value for ARKK.MI suggests a possible start of a new trend. |
BIT:ARKK (5/30/2025, 7:00:00 PM)
5.136
-0.04 (-0.83%)