We assign a technical rating of 4 out of 10 to ARKQ. Although ARKQ is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ARKQ has an average technical rating and it also does not offer a high quality setup 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.
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65.70
When analyzing the support we can see 2 important areas.
- A support zone ranging from 101.26 to 101.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @66.36 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @116.47 from a horizontal line in the daily 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 ARKQ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARKQ is down. |
| ChartMill Relative Strength | 87.75 | POSITIVE | ARKQ has a high relative strength, it outperformed 87.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARKQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ARKQ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARKQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.87 | NEUTRAL | The RSI value for ARKQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.85 | NEGATIVE | The MACD value suggests ARKQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.26 | OVERSOLD | The low Stochastics value suggests ARKQ may be oversold. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for ARKQ suggests some volalility. |
| Average Directional Index/ADX (14) | 28.85 | POSITIVE | The high ADX value value for ARKQ suggests a strong trend. |
102
+0.74 (+0.73%)
ARK AUTONOMOUS TECH & ROBOT / ARKQ FAQ
Can you provide the ChartMill technical rating for ARK AUTONOMOUS TECH & ROBOT?
ChartMill assigns a technical rating of 4 / 10 to ARKQ.
Can you provide the trend direction for ARK AUTONOMOUS TECH & ROBOT?
The current trend direction for ARK AUTONOMOUS TECH & ROBOT (ARKQ) is Bearish.
What is the RSI signal for ARK AUTONOMOUS TECH & ROBOT (ARKQ) stock?
ARK AUTONOMOUS TECH & ROBOT (ARKQ) has an RSI value of 30.8708. This indicates that the stock is currently neutral.
What is the support and resistance level for ARKQ stock?
ARK AUTONOMOUS TECH & ROBOT (ARKQ) has a support level at 101.99 and a resistance level at 116.47. Check the full technical report for our detailed analysis of ARKQ support and resistance levels.