ARCUTIS BIOTHERAPEUTICS INC (ARQT)
US03969K1088 - Common Stock
We assign a technical rating of 2 out of 10 to ARQT. In the last year, ARQT was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
When comparing the yearly performance of all stocks, ARQT is a bad performer in the overall market: 76% of all stocks are doing better.
In the last month ARQT has a been trading in the 7.97 - 13.17 range, which is quite wide. It is currently trading near the lows of this range.
ARQT has an average volume of 3709720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
ARQT is part of the Biotechnology industry. There are 588 other stocks in this industry, ARQT did better than 54% of them.
ARQT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ARQT is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
The technical rating of ARQT 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
7.92
11.01
We can see 2 important resistance areas.
- A resistance zone ranging from 8.75 to 8.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.90 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.37
Mansfield0.35
10 Day High9.38
10 Day Low7.97
20 Day High13.17
20 Day Low7.97
52 Week High15.12
52 Week Low1.76
Performance
1 Week-5.55%
2 Weeks-12.09%
1 Month-29.45%
3 Month31.8%
6 Month227.87%
12 Month-45.05%
2 Year-61.69%
3 Year-69.64%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.16
RSI(14)36.44
LBB7.71
UBB10.14
ARCUTIS BIOTHERAPEUTICS INC
NASDAQ:ARQT (5/3/2024, 7:00:01 PM)
After market: 8.01 +0.01 (+0.12%)8
-0.6 (-6.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.98%
1 Week-5.55%
2 Weeks-12.09%
1 Month-29.45%
3 Month31.8%
6 Month227.87%
12 Month-45.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.68
ATR(20)%10.07%
ATR Inc
Range Today1.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.38
10 Day Low7.97
20 Day High13.17
20 Day Low7.97
52 Week High15.12
52 Week Low1.76
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.60M
Volume Incr-22.25%
Vol(5)2.20M
Vol(50)3.71M