RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ARKR
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Weaker technical forecast for Ark Restaurants Corp. as stock downgraded to Sell Candidate.
(Updated on Mar 27, 2024)

Sell candidate since Mar 27, 2024 PDF

The Ark Restaurants Corp. stock price fell by -0.145% on the last day (Wednesday, 27th Mar 2024) from $13.75 to $13.73. During the last trading day the stock fluctuated 0% from a day low at $13.73 to a day high of $13.73. The price has fallen in 5 of the last 10 days and is down by -2% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -13 shares and in total, 563 shares were bought and sold for approximately $7.73 thousand.

The stock lies in the lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $13.65 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -3.27% during the next 3 months and, with a 90% probability hold a price between $13.21 and $14.29 at the end of this 3-month period.

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ARKR Signals & Forecast

There are mixed signals in the stock today. The Ark Restaurants Corp. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $14.01 and $14.12. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Friday, March 15, 2024, and so far it has risen 0.0729%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Ark Restaurants Corp. stock

Ark Restaurants Corp. finds support from accumulated volume at $13.72 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0.572%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ARKR) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Ark Restaurants Corp. to open at $13.73, and during the day (based on 14 day Average True Range), to move between $13.41 and $14.05, which gives a possible trading interval of +/-$0.320 (+/-2.33%) up or down from last closing price. If Ark Restaurants Corp. takes out the full calculated possible swing range there will be an estimated 4.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $13.72 (0.07%) than the resistance at $13.88 (1.09%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Ark Restaurants Corp. stock A Buy?

Ark Restaurants Corp. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.171 Sell Candidate Downgraded

Predicted Opening Price for Ark Restaurants Corp. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$13.73 ( 0.00000000%) $13.73

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ARKR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 13.73 0.00000000 %
R2 13.73 0.00000000 %
R1 13.73 0.00000000 %
Current price: 13.73
Support S1 13.73 0.00000000 %
S2 13.73 0.00000000 %
S3 13.73 0.00000000 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 14.01 2.04 %
R2 13.89 1.17 %
R1 13.88 1.09 %
Current price 13.73
Support S1 13.72 -0.0728%
S2 0 .
S3 0 .

ARKR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 06, 2024 Feb 28, 2024 Mar 13, 2024 $0.188 1.34%
2 Nov 08, 2023 Nov 29, 2023 Dec 13, 2023 $0.188 1.22%
3 Aug 08, 2023 Aug 30, 2023 Sep 12, 2023 $0.188 1.19%
4 May 09, 2023 May 30, 2023 Jun 13, 2023 $0.188 1.01%
5 Feb 08, 2023 Feb 27, 2023 Mar 14, 2023 $0.125 0.654%

FAQ

What is the symbol for Ark Restaurants Corp. Stock and on which exchange is it traded?
The symbol for Ark Restaurants Corp. is ARKR and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Ark Restaurants Corp. Stock?
Ark Restaurants Corp. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Ark Restaurants Corp. Stock?
Ark Restaurants Corp. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Ark Restaurants Corp. Stock.

What's the current price of Ark Restaurants Corp. Stock?
As of the end of day on the 2024-03-27, the price of an Ark Restaurants Corp. (ARKR) share was $13.73.

What is the 52-week high and low for Ark Restaurants Corp. Stock?
The 52-week high for Ark Restaurants Corp. Stock is $18.75 and the 52-week low is $10.50.

What is the market capitalization of Ark Restaurants Corp. Stock?
As of the 2024-03-27, the market capitalization of Ark Restaurants Corp. is 49.485M.

When is the next earnings date for Ark Restaurants Corp.?
The upcoming earnings date for Ark Restaurants Corp. is May 20, 2024.
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About Ark Restaurants Corp.

Ark Restaurants . Ark Restaurants Corp., through its subsidiaries, owns and operates restaurants and bars in the United States. As of December 20, 2021, it owned and operated 17 restaurants and bars, including four restaurants located in New York City; one in Washington, D.C.; five in Las Vegas, Nevada; one in Atlantic City, New Jersey; four on the east coast of Florida; and two on the gulf coast of Alabama, as well as had 17 fast food concepts and catering operat... ARKR Profile

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