Stock Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
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 UP since Feb 1st, 2023 at 41.2900
The intermediate-term trend has been DOWN since Feb 23rd, 2023 at 38.4627
The short-term trend has been UP since Mar 16th, 2023 at 38.4800
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||72.005||52wk High Date||2022-03-29|
|52wk Low||29.43||52wk Low Date||2022-12-28|