ARK INNOVATION UCITS ETF (ARXK.DE) Stock Technical Analysis
FRA:ARXK - Deutsche Boerse Ag - IE000GA3D489 - ETF - Currency: EUR
We assign a technical rating of 8 out of 10 to ARXK. ARXK has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
ARXK has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 5.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.13, a Stop Loss order could be placed below this zone.
More info and screens
3.87
3 important support areas can be observed.
- A support zone ranging from 5.07 to 5.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.47 from a horizontal line in the daily time frame.
- A support zone ranging from 3.91 to 3.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.34 to 5.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ARXK.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARXK.DE is up. |
| ChartMill Relative Strength | 85.62 | POSITIVE | ARXK.DE has a high relative strength, it outperformed 85.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARXK.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARXK.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARXK.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.3 | NEUTRAL | The RSI value for ARXK.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ARXK.DE has a negative trend. |
| Stochastics (14,3) | 43.21 | NEUTRAL | The Stochastics value for ARXK.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for ARXK.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.25 | NEGATIVE | The low ADX value for ARXK.DE suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.19 | 5.06 | 0.13 (2.47%) | 25.00% |
| An entry @5.19. This is a Buy Stop order right above the 10 day moving average. | An exit @5.06. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.13 points, which is 2.47%. | For a 0.62% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ARXK. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:ARXK (6/2/2025, 7:00:00 PM)
5.135
0 (0%)