We assign a technical rating of 1 out of 10 to ARCT. ARCT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, ARCT is a bad performer in the overall market: 94% of all stocks are doing better.
- ARCT is part of the Biotechnology industry. There are 525 other stocks in this industry, of which 75% are performing better than ARCT.
- ARCT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ARCT has a been trading in the 6.01 - 7.93 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
The technical rating of ARCT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.19
When analyzing the support we can see 2 important areas.
- Support @7.09 from a horizontal line in the daily time frame.
- A support zone ranging from 6.25 to 6.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.42 to 7.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.67 to 7.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ARCT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARCT is neutral. |
| ChartMill Relative Strength | 6.76 | NEGATIVE | ARCT has a low relative strength, it was outperformed by 93.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARCT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ARCT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARCT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.74 | NEUTRAL | The RSI value for ARCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ARCT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.99 | NEUTRAL | The Stochastics value for ARCT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.83 | MEDIUM VOLATILITY | The ATR as a percentage value for ARCT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.4 | NEUTRAL | The ADX value for ARCT suggests a possible start of a new trend. |
7.36
-0.17 (-2.26%)
ARCTURUS THERAPEUTICS HOLDIN / ARCT FAQ
Can you provide the ChartMill technical rating for ARCTURUS THERAPEUTICS HOLDIN?
ChartMill assigns a technical rating of 1 / 10 to ARCT.
What is the trend direction for ARCT stock?
The current trend direction for ARCTURUS THERAPEUTICS HOLDIN (ARCT) is Bearish.
What is the RSI signal for ARCT stock?
ARCTURUS THERAPEUTICS HOLDIN (ARCT) has an RSI value of 52.7387. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ARCTURUS THERAPEUTICS HOLDIN?
ARCTURUS THERAPEUTICS HOLDIN (ARCT) has a support level at 7.09 and a resistance level at 7.42. Check the full technical report for our detailed analysis of ARCT support and resistance levels.