Arqule (ARQL) Technical Analysis
NASDAQ:ARQL
Current stock price
ARQL Technical Rating and Analysis
Taking everything into account, ARQL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARQL is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ARQL is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, ARQL also shows a nice and consistent pattern of rising prices.
- ARQL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ARQL is leading the market.
- ARQL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- ARQL has an average volume of 5276040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ARQL has a been trading in a tight range between 19.93 and 20.42.
ARQL Weekly and Daily overview Charts
ARQL Setup Rating and Analysis
ARQL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 20.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.00, a Stop Loss order could be placed below this zone.
More info and screens
ARQL Support and Resistance Analysis
19.77
We found 1 important support area.
- A support zone ranging from 19.97 to 20.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.06 to 20.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ARQL Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for ARQL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARQL is up. |
| ChartMill Relative Strength | 99.67 | POSITIVE | ARQL has a high relative strength, it outperformed 99.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARQL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARQL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARQL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.42 | OVERBOUGHT | The high RSI value suggests ARQL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests ARQL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.66 | NEUTRAL | The Stochastics value for ARQL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for ARQL suggests low volalility. |
ARQL Chart- and CandleStick Pattern Analysis
ARQL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.06 | 19.96 | 0.10 (0.50%) | 25.00% |
| An entry @20.06. This is a Buy Stop order right above the 10 day high. | An exit @19.96. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.10 points, which is 0.50%. | For a 0.12% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ARQL Technicals: Chart, Performance Metrics, Trend & Indicators
20
+0.03 (+0.15%)
Arqule / ARQL TA FAQ
Can you provide the ChartMill technical rating for Arqule?
ChartMill assigns a technical rating of 9 / 10 to ARQL.
What is the current trend direction of Arqule (ARQL) stock?
The current trend direction for Arqule (ARQL) is Bullish.
What is the RSI signal for ARQL stock?
Arqule (ARQL) has an RSI value of 81.417. This indicates that the stock is currently overbought.
What is the MACD signal for Arqule (ARQL) stock?
The MACD indicator for Arqule (ARQL) has a value of -0.409249, indicating a bearish trend.
Can you provide the support and resistance levels for Arqule?
Arqule (ARQL) has a support level at 20 and a resistance level at 20.06. Check the full technical report for our detailed analysis of ARQL support and resistance levels.