Technical Analysis for ARKF - ARK Fintech Innovation ETF

Grade Last Price % Change Price Change
C 27.89 1.97% 0.54
ARKF closed up 1.97 percent on Friday, April 26, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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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
NR7 Range Contraction 0.00%
Gapped Down Weakness 1.97%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.61%
Pocket Pivot Bullish Swing Setup -1.06%
Oversold Stochastic Weakness -1.06%
Stochastic Buy Signal Bullish 2.69%
Lower Bollinger Band Walk Weakness 2.69%
Inside Day Range Contraction 2.69%
Gapped Up Strength 2.69%
Oversold Stochastic Weakness 2.69%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 4 hours ago
60 Minute Opening Range Breakout about 5 hours ago
Up 1% about 9 hours ago
10 DMA Support about 9 hours ago
Rose Above Previous Day's High about 9 hours 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 B 5.68 10.85
SQ C 2.32 8.46
SHOP C 1.11 7.01
DKNG C 4.96 6.99
PATH D 0.26 4.81
HOOD B 4.44 4.56
TOST B 3.42 4.18
SOFI C 3.69 3.78
GLBE D 2.44 3.50
ROKU F -10.28 3.27

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 16.93
Average Volume 475,292
200-Day Moving Average 24.12
50-Day Moving Average 28.77
20-Day Moving Average 28.39
10-Day Moving Average 27.43
Average True Range 0.79
RSI (14) 46.24
ADX 18.19
+DI 22.13
-DI 30.66
Chandelier Exit (Long, 3 ATRs) 28.61
Chandelier Exit (Short, 3 ATRs) 28.90
Upper Bollinger Bands 30.44
Lower Bollinger Band 26.33
Percent B (%b) 0.38
BandWidth 14.48
MACD Line -0.45
MACD Signal Line -0.36
MACD Histogram -0.0812
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 28.76
Resistance 3 (R3) 28.66 28.28 28.62
Resistance 2 (R2) 28.28 28.06 28.33 28.57
Resistance 1 (R1) 28.08 27.92 28.18 28.18 28.52
Pivot Point 27.70 27.70 27.75 27.75 27.70
Support 1 (S1) 27.50 27.48 27.60 27.60 27.26
Support 2 (S2) 27.12 27.34 27.17 27.21
Support 3 (S3) 26.92 27.12 27.17
Support 4 (S4) 27.02