ARKR Stock Forecast and Price Target (Ark Restaurants Corp. stock)

ARKR Stock Trend

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $15.88 will firstly indicate a slower falling rate, but may be the first sign of a trend shift.

Given the current short-term trend, the stock is expected to fall -22.11% during the next 3 months and, with a 90% probability hold a price between $10.24 and $12.37 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

WARNING: Trend forecast is still in the development phase and should be used with caution. Some cases might produce unexpected results such as negative prices at the end of the trend.

Data

Date	Bottom	Mid	Top
2021-09-20	$13.07	$14.44	$15.81
2021-09-21	$13.00	$14.37	$15.74
2021-09-22	$12.93	$14.30	$15.67
2021-09-23	$12.86	$14.23	$15.60
2021-09-24	$12.79	$14.16	$15.53
2021-09-27	$12.72	$14.09	$15.45
2021-09-28	$12.64	$14.01	$15.38
2021-09-29	$12.57	$13.94	$15.31
2021-09-30	$12.50	$13.87	$15.24
2021-10-01	$12.43	$13.80	$15.17
2021-10-04	$12.36	$13.73	$15.10
2021-10-05	$12.29	$13.66	$15.03
2021-10-06	$12.21	$13.58	$14.95
2021-10-07	$12.14	$13.51	$14.88
2021-10-08	$12.07	$13.44	$14.81
2021-10-11	$12.00	$13.37	$14.74
2021-10-12	$11.93	$13.30	$14.67
2021-10-13	$11.86	$13.23	$14.60
2021-10-14	$11.78	$13.15	$14.52
2021-10-15	$11.71	$13.08	$14.45
2021-10-18	$11.64	$13.01	$14.38
2021-10-19	$11.57	$12.94	$14.31
2021-10-20	$11.50	$12.87	$14.24
2021-10-21	$11.43	$12.80	$14.17
2021-10-22	$11.36	$12.73	$14.09
2021-10-25	$11.28	$12.65	$14.02
2021-10-26	$11.21	$12.58	$13.95
2021-10-27	$11.14	$12.51	$13.88
2021-10-28	$11.07	$12.44	$13.81
2021-10-29	$11.00	$12.37	$13.74

About Ark Restaurants Corp.

Ark Restaurants Corp., through its subsidiaries, owns and operates restaurants and bars in the United States. As of October 3, 2015, it owned and/or operated 22 restaurants and bars, including 6 facilities located in New York City; 3 in Washington, D.C.; 6 in Las Vegas, Nevada; 3 in Atlantic City, New Jersey; 1 at the Foxwoods Resort Casino in Ledyard, Connecticut; 1 in the Faneuil Hall Marketplace in Boston, Massachusetts; and 2 on the east coas... Read more

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