ARCUS BIOSCIENCES INC (RCUS) Stock Technical Analysis
NYSE:RCUS - New York Stock Exchange, Inc. - US03969F1093 - Common Stock - Currency: USD
Taking everything into account, RCUS scores 6 out of 10 in our technical rating. RCUS has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, RCUS is a bad performer in the overall market: 85% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month RCUS has a been trading in the 8.84 - 10.75 range, which is quite wide. It is currently trading near the high of this range.
RCUS is an average performer in the Biotechnology industry, it outperforms 47% of 549 stocks in the same industry.
RCUS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RCUS is lagging the market.
RCUS has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.49. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for RCUS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.93
17.20
We found 4 important support areas.
- A support zone ranging from 9.40 to 9.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.05 to 9.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.67 to 8.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.01 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.49 to 10.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.03 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for RCUS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RCUS is up. |
| ChartMill Relative Strength | 15.42 | NEGATIVE | RCUS has a low relative strength, it was outperformed by 84.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RCUS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RCUS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RCUS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.12 | NEUTRAL | The RSI value for RCUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests RCUS has a positive trend. |
| Stochastics (14,3) | 71.63 | NEUTRAL | The Stochastics value for RCUS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for RCUS suggests high volalility. |
| Average Directional Index/ADX (14) | 31.47 | POSITIVE | The high ADX value value for RCUS suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 10.50 | 9.39 | 1.11 (10.57%) | 9.46% |
| An entry @10.50. This is a Buy Stop order right above the resistance zone. | An exit @9.39. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.11 points, which is 10.57%. | When investing 9.46% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
10.48
+0.39 (+3.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.87%
1 Week5.75%
2 Weeks12.93%
1 Month6.18%
3 Month16.19%
6 Month-5.33%
12 Month-41.81%
2 Year-48.88%
3 Year-56.48%
5 Year-55.97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%5.2%
ATR Inc-11.81%
Range Today0.69
ADR(20)0.53
ADR(20)%5.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.42
Mansfield-2.09
10 Day High10.75
10 Day Low8.88
20 Day High10.75
20 Day Low8.84
52 Week High18.98
52 Week Low6.5
CS1 End9.51
CR1 Start10.49
Volume & EV
DER(3)5.98%
DER(5)3.83%
Volume593.81K
Volume Incr-12.1%
Vol(5)688.56K
Vol(50)909.92K