Stock Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
ARK Fintech Innovation ETF (PACF:ARKF)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ARKF
The long term trend has been UP since Mar 13th, 2019 at 21.4000
The intermediate term trend has been UP since Oct 15th, 2019 at 21.8613
The short term trend has been DOWN since Jan 27th, 2020 at 25.3588
Smart Scan Analysis for ARKF
Based on a pre-defined weighted trend formula for chart analysis, ARKF scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||25.32||52wk High Date||2020-01-10|
|52wk Low||19.95||52wk Low Date||2019-02-08|