ARKK Stock ARK Innovation ETF (ARKK, $45.45) entered Downtrend as Momentum indicator drops below 0 level on May 17, 2024

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05/18/24

ARKK - ARK Innovation ETF

Momentum signal

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Odds of DOWN Trend

Price: $45.45

Daily change: +$0.49 (+1.09%)

Daily volume: 12.4M

Net Assets: $6.8B

This indicator may be signaling that ARKK's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 81 similar cases where ARKK's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:

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