Index Trend Analysis Report
Prepared for you on Monday, August 10, 2020.
ARK Innovation ETF (GIF:ARKK)
Strong Uptrend (+100) - ARKK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ARKK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since May 19th, 2020 at 60.680
The intermediate-term trend has been UP since Apr 9th, 2020 at 46.450
The short-term trend has been UP since Aug 3rd, 2020 at 81.923
Smart Scan Analysis for ARKK
Based on our trend formula, ARKK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).