MENU

OARK Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Descending OARK on February 24, 2025, netting in a 14.25% gain over 1 month

A.I.dvisor
at Tickeron.com
Loading...
+14.25% Gain from a Successful pattern Broadening Wedge Descending
OARK - YieldMax ARKK Option Income Strategy ETF
Tickeron
Ticker: OARK
Company: YieldMax ARKK Option Income Strategy ETF
Gain from shorting: +14.25%
Confirmed: 02/24/25
Succeeded: 04/02/25
Total length: 37 days
On February 24, 2025, A.I.dvisor detected a Broadening Wedge Descending Pattern (Bearish) for YieldMax ARKK Option Income Strategy ETF (OARK, $9.15). On February 24, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 02, 2025, the stock hit the target price of $7.42 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

OARK in downward trend: 10-day moving average crossed below 50-day moving average on February 27, 2025

The 10-day moving average for OARK crossed bearishly below the 50-day moving average on February 27, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 7 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

The Momentum Indicator moved below the 0 level on March 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on OARK as a result. In of 35 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for OARK turned negative on April 03, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 22 similar instances when the indicator turned negative. In of the 22 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where OARK 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 OARK entered a downward trend on April 03, 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 OARK's RSI Oscillator exited the oversold zone, of 11 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.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where OARK advanced for three days, in of 177 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

View a ticker or compare two or three
OARK
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Derivative Income
Address
United States
Phone
N/A
Web
N/A