YIELDMAX INNOVATION OPTION I (OARK)

US88634T6001 - ETF

10.58  -0.14 (-1.31%)

After market: 10.6 +0.02 (+0.19%)

Technical Rating and Analysis

0

Taking everything into account, OARK scores 0 out of 10 in our technical rating. OARK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, OARK is a bad performer in the overall market: 87% of all stocks are doing better.
OARK is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month OARK has a been trading in the 10.53 - 11.52 range, which is quite wide. It is currently trading near the lows of this range.
Weekly and Daily overview Charts
OARK Weekly chart
OARK Daily chart
Setup Rating and Analysis

3

The technical rating of OARK is bad and it also does not present a 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.

Support and Resistance Analysis

10.47

13.64

We can see 5 important resistance areas.

  • A resistance zone ranging from 10.92 to 11.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 11.98 to 11.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @12.19 from a trend line in the daily time frame.
  • Resistance @13.21 from a horizontal line in the daily time frame.
  • Resistance @13.50 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.24
Mansfield-3.13
10 Day High11.4
10 Day Low10.53
20 Day High11.52
20 Day Low10.53
52 Week High17.65
52 Week Low10.53
Performance
1 Week-2.76%
2 Weeks-4.77%
1 Month-6.62%
3 Month-19.17%
6 Month-20.99%
12 Month-34.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)31.19
LBB10.56
UBB11.63
OARK Daily chart

YIELDMAX INNOVATION OPTION I

NYSEARCA:OARK (6/7/2024, 7:04:02 PM)

After market: 10.6 +0.02 (+0.19%)

10.58

-0.14 (-1.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.31%
1 Week-2.76%
2 Weeks-4.77%
1 Month-6.62%
3 Month-19.17%
6 Month-20.99%
12 Month-34.69%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.23
ATR(20)%2.08%
ATR Inc
Range Today0.23
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.4
10 Day Low10.53
20 Day High11.52
20 Day Low10.53
52 Week High17.65
52 Week Low10.53
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume287.30K
Volume Incr5.11%
Vol(5)130.92K
Vol(50)125.80K