151.7 USD
-2.78 (-1.8%)
152.83 USD
+1.13 (+0.74%)
We assign a technical rating of 2 out of 10 to ARKW. ARKW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month ARKW has a been trading in the 147.61 - 161.37 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
ARKW 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 ARKW is lagging the market slightly.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that ARKW is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ARKW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 149.82, a Stop Loss order could be placed below this zone.
More info and screens
97.42
161.39
When analyzing the support we can see 4 important areas.
- A support zone ranging from 149.79 to 149.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @144.46 from a horizontal line in the daily time frame.
- A support zone ranging from 140.89 to 141.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @98.40 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 152.38 to 156.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 159.78 to 159.79. This zone is formed by a combination of multiple trend lines and important moving averages 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 ARKW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARKW is down. |
| ChartMill Relative Strength | 75.41 | POSITIVE | ARKW has a high relative strength, it outperformed 75.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ARKW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARKW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARKW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.57 | NEUTRAL | The RSI value for ARKW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests ARKW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.53 | NEUTRAL | The Stochastics value for ARKW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for ARKW suggests some volalility. |
| Average Directional Index/ADX (14) | 22.89 | NEUTRAL | The ADX value for ARKW 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)
151.7
-2.78 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.8%
1 Week0.44%
2 Weeks-4.21%
1 Month1.02%
3 Month-10.4%
6 Month4.15%
12 Month35.83%
2 Year99.87%
3 Year293.52%
5 Year3.65%
10 Year554.73%
15 YearN/A
Volatility
ATR(14)3.89
ATR(20)%2.51%
ATR Inc-34%
Range Today2.22
ADR(20)3.16
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.41
3 months CRS22
6 months CRS50.4
Mansfield0.05
10 Day High159.16
10 Day Low148.95
20 Day High161.37
20 Day Low147.61
52 Week High183
52 Week Low78.62
CS1 End149.82
CR1 Start152.38
Volume & EV
DER(3)-2.58%
DER(5)-1.55%
Volume62.10K
Volume Incr-41.71%
Vol(5)100.28K
Vol(50)192.63K
ARK NEXT GENERATION INTERNET / ARKW FAQ
What is the technical rating for ARKW stock?
ChartMill assigns a technical rating of 2 / 10 to ARKW.
What is the trend direction for ARKW stock?
The current trend direction for ARK NEXT GENERATION INTERNET (ARKW) is Bearish.
What is the RSI signal for ARK NEXT GENERATION INTERNET (ARKW) stock?
ARK NEXT GENERATION INTERNET (ARKW) has an RSI value of 44.5691. This indicates that the stock is currently neutral.
What is the short term momentum for ARK NEXT GENERATION INTERNET (ARKW) stock?
The short term momentum for ARK NEXT GENERATION INTERNET (ARKW) is negative.