ARK SPACE & DEFENSE INNOVATI (ARKX) Technical Analysis
NYSEARCA:ARKX • US00214Q8078
Current stock price
ARKX Technical Rating and Analysis
Taking everything into account, ARKX scores 5 out of 10 in our technical rating. In the last year, ARKX was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month ARKX has a been trading in the 29.81 - 33.12 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, ARKX did better than 89% of all other stocks. We also observe that the gains produced by ARKX over the past year are nicely spread over this period.
- ARKX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ARKX is performing more or less in line with the market.
- ARKX has an average volume of 1046170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Considerably lower volume is observed in the last couple of days.
ARKX Weekly and Daily overview Charts
ARKX Setup Rating and Analysis
ARKX 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.
More info and screens
ARKX Support and Resistance Analysis
18.36
When analyzing the support we can see 4 important areas.
- Support @30.14 from a horizontal line in the weekly time frame.
- Support @28.70 from a trend line in the daily time frame.
- A support zone ranging from 25.55 to 25.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @18.55 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 31.10 to 31.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 32.35 to 32.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @33.12 from a horizontal line in the daily time frame.
ARKX Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for ARKX is down. |
| ChartMill Relative Strength | 89.31 | POSITIVE | ARKX has a high relative strength, it outperformed 89.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARKX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARKX is below a declining 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) | 39.92 | NEUTRAL | The RSI value for ARKX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ARKX has a negative trend. |
| Stochastics (14,3) | 24.38 | NEUTRAL | The Stochastics value for ARKX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for ARKX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.58 | NEGATIVE | The low ADX value for ARKX suggests a weak or negative trend. |
ARKX Chart- and CandleStick Pattern Analysis
ARKX Technicals: Chart, Performance Metrics, Trend & Indicators
30.15
-1.22 (-3.89%)
ARK SPACE & DEFENSE INNOVATI / ARKX TA FAQ
What is the ChartMill technical rating of ARK SPACE & DEFENSE INNOVATI (ARKX) stock?
ChartMill assigns a technical rating of 5 / 10 to ARKX.
What is the trend direction for ARKX stock?
The current trend direction for ARK SPACE & DEFENSE INNOVATI (ARKX) is Bullish.
Can you provide the RSI signal for ARK SPACE & DEFENSE INNOVATI?
ARK SPACE & DEFENSE INNOVATI (ARKX) has an RSI value of 39.9171. This indicates that the stock is currently neutral.
What is the short term momentum for ARK SPACE & DEFENSE INNOVATI (ARKX) stock?
The short term momentum for ARK SPACE & DEFENSE INNOVATI (ARKX) is negative.
What is the buy/sell signal for ARKX stock?
The buy/sell signal for ARK SPACE & DEFENSE INNOVATI (ARKX) is hold as the short term and long term trends are mixed.