ARK AUTONOMOUS TECH & ROBOT (ARKQ) Stock Technical Analysis
USA - NYSEARCA:ARKQ - US00214Q2030 - ETF
109.31 USD
+0.82 (+0.76%)
109.99 USD
+0.68 (+0.62%)
We assign a technical rating of 10 out of 10 to ARKQ. Both in the recent history as in the last year, ARKQ has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ARKQ is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by ARKQ over the past year are nicely spread over this period.
ARKQ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ARKQ has a been trading in the 94.90 - 112.11 range, which is quite wide. It is currently trading near the high of this range.
Although ARKQ has an excellent technical rating, it does not present a decent entry opportunity 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
64.04
110.40
5 important support areas can be observed.
- A support zone ranging from 102.42 to 102.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 97.18 to 98.26. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 94.60 to 95.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @81.17 from a horizontal line in the daily time frame.
- Support @64.69 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 | UP | POSITIVE | The long term trend for ARKQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARKQ is up. |
| ChartMill Relative Strength | 91.55 | POSITIVE | ARKQ has a high relative strength, it outperformed 91.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARKQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARKQ is above 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) | 70.74 | OVERBOUGHT | The high RSI value suggests ARKQ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.73 | POSITIVE | The MACD value suggests ARKQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.38 | OVERBOUGHT | The high Stochastics value suggests ARKQ may be overbought. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for ARKQ suggests some volalility. |
| Average Directional Index/ADX (14) | 24.11 | NEUTRAL | The ADX value for ARKQ suggests a possible start of a new 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)
109.31
+0.82 (+0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.76%
1 Week0.84%
2 Weeks8.5%
1 Month9.51%
3 Month23.74%
6 Month62.93%
12 Month79.02%
2 Year108.37%
3 Year142.53%
5 Year90.47%
10 Year540.36%
15 YearN/A
Volatility
ATR(14)2.23
ATR(20)%2.02%
ATR Inc33.29%
Range Today1.78
ADR(20)2.05
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.55
Mansfield2.36
10 Day High112.11
10 Day Low101.72
20 Day High112.11
20 Day Low94.9
52 Week High112.11
52 Week Low55.53
CS1 End102.5
CR1 StartN/A
Volume & EV
DER(3)-3.94%
DER(5)-1.91%
Volume200.00K
Volume Incr66.15%
Vol(5)243.74K
Vol(50)184.82K