We assign a technical rating of 2 out of 10 to ARCT. In the past year, ARCT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 93% of all other stocks performed better in the past year than ARCT.
- ARCT is part of the Biotechnology industry. There are 525 other stocks in this industry, of which 74% 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 6.11 - 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.
Although the technical rating is bad, ARCT does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for ARCT in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
6.19
2 important support areas can be observed.
- A support zone ranging from 7.09 to 7.20. 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 6.25 to 6.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- Resistance @7.54 from a horizontal line in the weekly time frame.
- 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 | 7.8 | NEGATIVE | ARCT has a low relative strength, it was outperformed by 92.2% 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) | 53.97 | NEUTRAL | The RSI value for ARCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ARCT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.84 | NEUTRAL | The Stochastics value for ARCT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.12 | HIGH VOLATILITY | The high ATR as a percentage value for ARCT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.73 | NEUTRAL | The ADX value for ARCT suggests a possible start of a new trend. |
7.47
-0.1 (-1.32%)
ARCTURUS THERAPEUTICS HOLDIN / ARCT FAQ
Can you provide the ChartMill technical rating for ARCTURUS THERAPEUTICS HOLDIN?
ChartMill assigns a technical rating of 2 / 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 53.9712. 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 7.2 and a resistance level at 7.54. Check the full technical report for our detailed analysis of ARCT support and resistance levels.