We assign a technical rating of 0 out of 10 to SARK. SARK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SARK has a poor technical rating and the quality of the setup is also only medium 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
26.44
We found 1 important support area.
- Support @26.71 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 29.30 to 29.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @31.53 from a trend line in the daily time frame.
- A resistance zone ranging from 32.74 to 32.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @33.89 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for SARK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SARK is down. |
| ChartMill Relative Strength | 15.34 | NEGATIVE | SARK has a low relative strength, it was outperformed by 84.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SARK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SARK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SARK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.72 | NEUTRAL | The RSI value for SARK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests SARK has a negative trend. |
| Stochastics (14,3) | 4.09 | OVERSOLD | The low Stochastics value suggests SARK may be oversold. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for SARK suggests some volalility. |
| Average Directional Index/ADX (14) | 22.38 | NEUTRAL | The ADX value for SARK suggests a possible start of a new trend. |
29.2903
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TRADR 1X SHORT INNOV DLY-USD / SARK FAQ
What is the ChartMill technical rating of TRADR 1X SHORT INNOV DLY-USD (SARK) stock?
ChartMill assigns a technical rating of 0 / 10 to SARK.
Can you provide the trend direction for TRADR 1X SHORT INNOV DLY-USD?
The current trend direction for TRADR 1X SHORT INNOV DLY-USD (SARK) is Bearish.
Can you provide the RSI signal for TRADR 1X SHORT INNOV DLY-USD?
TRADR 1X SHORT INNOV DLY-USD (SARK) has an RSI value of 43.7154. This indicates that the stock is currently neutral.
What is the MACD signal for TRADR 1X SHORT INNOV DLY-USD (SARK) stock?
The MACD indicator for TRADR 1X SHORT INNOV DLY-USD (SARK) has a value of -0.373031, indicating a bearish trend.
What is the short term momentum for SARK stock?
The short term momentum for TRADR 1X SHORT INNOV DLY-USD (SARK) is negative.