Score 7.6 (out of 10): ARK Auto Tech & Robotics ETF sets up for 6.1% rally in 3 months

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Insight:

ARK Autonomous Technology & Robotics ETF has triggered a new price range signal. During similar occasions, ARK Autonomous Technology & Robotics ETF shares had a median return of +6.1%, over the following 3 months – based on 10 historical occasions with 8 of those showing positive returns (80%). This buy signal for ARK Autonomous Technology & Robotics ETF received a high score of 7.6 (out of 10). This insight was generated on 2021-October-25 with last price of 84.39. ARK Autonomous Technology & Robotics ETF is in the Autonomous Technology & Robotics business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. Ticker symbol: ARKQ US

Details:

NameARK Autonomous Technology & Robotics ETF
ViewUp
Star (1 to 10)7.6
Target+6.1%
Time3 months
Hit Rate80%

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

-3.3% (June-2021), 33% (April-2020), 4.2% (June-2019), 4% (January-2019), -2.7% (November-2018), 6.5% (June-2018), 12.2% (August-2017), 8.1% (January-2017), 7.4% (June-2016), 5.6% (March-2016).

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