Technical Analysis for ARKF - ARK Fintech Innovation ETF

Grade Last Price % Change Price Change
D 28.41 2.34% 0.65
ARKF closed up 0.58 percent on Friday, May 3, 2024, on 81 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up

Date Alert Name Type % Chg
20 DMA Resistance Bearish 2.34%
MACD Bullish Signal Line Cross Bullish 2.34%
Gapped Up Strength 2.34%
Up 3 Days in a Row Strength 2.34%
Gapped Up Strength 2.93%
Stochastic Reached Oversold Weakness 5.73%
Outside Day Range Expansion 5.73%
Gapped Down Weakness 5.73%
Oversold Stochastic Weakness 5.73%
Gapped Down Weakness 6.05%

   Recent Intraday Alerts

Alert Time
Gap Up Partially Closed 35 minutes ago
Gapped Up (Partial) 40 minutes ago
Rose Above 20 DMA 40 minutes ago
Up 2% 40 minutes ago
Up 1% 40 minutes ago

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Profile

ARK Fintech Innovation ETF Description

ARKF is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital. It seeks to achieve this investment objective by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of financial technology (“Fintech”) innovation. A company is deemed to be engaged in the theme of Fintech innovation if (i) it derives a significant portion of its revenue or market value from the theme of Fintech innovation, or (ii) it has stated its primary business to be in products and services focused on the theme of Fintech innovation. The Adviser defines “Fintech innovation” as the introduction of a technologically enabled new product or service that potentially changes the way the financial sector works, which ARK believes includes but is not limited to the following business platforms: Transaction Innovations; Blockchain Technology; Risk Transformation; Frictionless Funding Platforms; Customer Facing Platforms; New Intermediaries;


Classification

Keywords: Exchange Traded Fund Financial Technology Blockchain Fintech David Shrier

Top 10 Components

Symbol Grade Price % Change Allocation
COIN D 4.29 11.32
SQ D 2.76 8.35
SHOP D 2.15 7.10
DKNG D 4.86 6.78
PATH D 2.16 4.88
HOOD C 1.59 4.56
TOST D 2.31 4.24
SOFI F 3.38 4.00
ROKU F 2.74 3.56
GLBE F 0.72 3.42

Is ARKF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 30.99
52 Week Low 17.37
Average Volume 469,363
200-Day Moving Average 24.21
50-Day Moving Average 28.75
20-Day Moving Average 27.86
10-Day Moving Average 27.49
Average True Range 0.82
RSI (14) 47.64
ADX 18.26
+DI 23.49
-DI 27.05
Chandelier Exit (Long, 3 ATRs) 27.57
Chandelier Exit (Short, 3 ATRs) 28.94
Upper Bollinger Bands 29.66
Lower Bollinger Band 26.06
Percent B (%b) 0.47
BandWidth 12.92
MACD Line -0.42
MACD Signal Line -0.43
MACD Histogram 0.0105
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 28.93
Resistance 3 (R3) 29.03 28.74 28.74
Resistance 2 (R2) 28.74 28.44 28.69 28.67
Resistance 1 (R1) 28.25 28.26 28.11 28.15 28.60
Pivot Point 27.96 27.96 27.89 27.91 27.96
Support 1 (S1) 27.47 27.66 27.33 27.37 26.92
Support 2 (S2) 27.18 27.48 27.13 26.85
Support 3 (S3) 26.69 27.18 26.79
Support 4 (S4) 26.59