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ARKW Stock Tickeron detected bearish ETF Pattern: Rectangle Top ARKW on February 24, 2025, netting in a 10.13% gain over 1 month

A.I.dvisor
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+10.13% Gain from a Successful pattern Rectangle Top
ARKW - ARK Next Generation Internet ETF
Tickeron
Ticker: ARKW
Company: ARK Next Generation Internet ETF
Gain from shortening: +10.13%
Confirmed: 02/24/25
Succeeded: 03/03/25
Total length: 45 days
On January 17, 2025, A.I.dvisor detected a Rectangle Top Pattern (Bearish) for ARK Next Generation Internet ETF (ARKW, $115.58). 38 days later, on February 24, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 03, 2025, the stock hit the target price of $100.72 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

ARKW in downward trend: 10-day moving average crossed below 50-day moving average on February 28, 2025

The 10-day moving average for ARKW crossed bearishly below the 50-day moving average on February 28, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ARKW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for ARKW entered a downward trend on March 19, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ARKW's RSI Indicator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The Momentum Indicator moved above the 0 level on April 01, 2025. You may want to consider a long position or call options on ARKW as a result. In of 75 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for ARKW just turned positive on March 20, 2025. Looking at past instances where ARKW's MACD turned positive, the stock continued to rise in of 52 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ARKW advanced for three days, in of 358 cases, the price rose further within the following month. The odds of a continued upward trend are .

ARKW may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

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General Information

Category Technology

Profile
Fundamentals
Details
Category
Technology
Address
ARK ETF Trust155 West 19th Street, 5th FloorNew York
Phone
212-426-7040
Web
www.ark-funds.com