Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
ARK Innovation ETF (PACF:ARKK)
Sidelines Mode (-55) - ARKK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ARKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARKK
The long-term trend has been DOWN since Mar 5th, 2021 at 109.60
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 116.86
The short-term trend has been UP since Oct 7th, 2021 at 110.82
Smart Scan Analysis for ARKK
Based on our trend formula, ARKK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||49.87||Year High Date||2018-08-31|
|Year Low||36.36||Year Low Date||2018-02-06|
|52wk High||159.7||52wk High Date||2021-02-16|
|52wk Low||89.39||52wk Low Date||2020-11-02|