ARK SPACE EXPLORATION & INNO (ARKX) Stock Technical Analysis
NYSEARCA:ARKX - NYSE Arca - US00214Q8078 - ETF - Currency: USD
Overall ARKX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ARKX 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 ARKX is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by ARKX over the past year are nicely spread over this period.
ARKX 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 ARKX has a been trading in the 19.95 - 22.46 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although ARKX has an excellent technical rating, it 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.
More info and screens
14.11
22.28
We found 3 important support areas.
- A support zone ranging from 20.10 to 20.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.16 to 16.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.25 from a horizontal 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 ARKX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARKX is up. |
| ChartMill Relative Strength | 91.01 | POSITIVE | ARKX has a high relative strength, it outperformed 91.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARKX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARKX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARKX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.06 | NEUTRAL | The RSI value for ARKX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ARKX has a positive trend. |
| Stochastics (14,3) | 93.03 | OVERBOUGHT | The high Stochastics value suggests ARKX may be overbought. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for ARKX suggests some volalility. |
| Average Directional Index/ADX (14) | 25.65 | POSITIVE | The high ADX value value for ARKX suggests a strong 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)
22.06
-0.29 (-1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.3%
1 Week4.3%
2 Weeks4.11%
1 Month11.53%
3 Month19.44%
6 Month12.55%
12 Month49.15%
2 Year45.13%
3 Year64.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%2.25%
ATR Inc27.27%
Range Today0.55
ADR(20)0.41
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.01
Mansfield1.68
10 Day High22.46
10 Day Low20.46
20 Day High22.46
20 Day Low19.95
52 Week High22.46
52 Week Low13.48
CS1 End20.29
CR1 StartN/A
Volume & EV
DER(3)4.66%
DER(5)3.33%
Volume133.10K
Volume Incr74.99%
Vol(5)139.14K
Vol(50)78.61K