ARCTURUS THERAPEUTICS HOLDIN (ARCT) Stock Technical Analysis
NASDAQ:ARCT • US03969T1097
Taking everything into account, ARCT scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ARCT was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, ARCT is a bad performer in the overall market: 82% of all stocks are doing better.
- ARCT is one of the lesser performing stocks in the Biotechnology industry. 61% of 521 stocks in the same industry do better.
- ARCT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ARCT has a been trading in the 7.00 - 8.65 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ARCT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.40
We found 3 important support areas.
- A support zone ranging from 7.58 to 7.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.01 to 7.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.46 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.24 to 8.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for ARCT is up. |
| ChartMill Relative Strength | 18.42 | NEGATIVE | ARCT has a low relative strength, it was outperformed by 81.58% 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) | UP | POSITIVE | The current price of ARCT is above the rising 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) | 62.8 | NEUTRAL | The RSI value for ARCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ARCT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.47 | NEUTRAL | The Stochastics value for ARCT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.68 | HIGH VOLATILITY | The high ATR as a percentage value for ARCT suggests high volalility. |
| Average Directional Index/ADX (14) | 30 | POSITIVE | The high ADX value value for ARCT suggests a strong trend. |
8.23
-0.09 (-1.08%)
ARCTURUS THERAPEUTICS HOLDIN / ARCT FAQ
Can you provide the ChartMill technical rating for ARCTURUS THERAPEUTICS HOLDIN?
ChartMill assigns a technical rating of 4 / 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 62.8025. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ARCTURUS THERAPEUTICS HOLDIN?
The buy/sell signal for ARCTURUS THERAPEUTICS HOLDIN (ARCT) is hold as the short term and long term trends are mixed.
What is the support and resistance level for ARCT stock?
ARCTURUS THERAPEUTICS HOLDIN (ARCT) has a support level at 7.61 and a resistance level at 8.24. Check the full technical report for our detailed analysis of ARCT support and resistance levels.