ARCUS BIOSCIENCES INC (RCUS) Stock Technical Analysis
NYSE:RCUS - New York Stock Exchange, Inc. - US03969F1093 - Common Stock - Currency: USD
Overall RCUS gets a technical rating of 0 out of 10. RCUS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, RCUS is a bad performer in the overall market: 90% of all stocks are doing better.
RCUS 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 RCUS has a been trading in the 7.91 - 10.68 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
RCUS has an average volume of 1220800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RCUS is part of the Biotechnology industry. There are 558 other stocks in this industry, RCUS did better than 43% of them.
The technical rating of RCUS 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
7.87
15.42
3 important resistance areas can be observed.
- A resistance zone ranging from 8.66 to 8.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.04 to 9.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.27 from a horizontal line 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 RCUS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RCUS is down. |
| ChartMill Relative Strength | 10.81 | NEGATIVE | RCUS has a low relative strength, it was outperformed by 89.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RCUS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RCUS is below a declining 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) | 36.07 | NEUTRAL | The RSI value for RCUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests RCUS has a negative trend. |
| Stochastics (14,3) | 8.98 | OVERSOLD | The low Stochastics value suggests RCUS may be oversold. |
| Average True Range in percent/ATR (20) | 7.51 | HIGH VOLATILITY | The high ATR as a percentage value for RCUS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.68 | NEGATIVE | The low ADX value for RCUS suggests a weak or negative 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)
7.95
-0.55 (-6.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.47%
1 Week-7.77%
2 Weeks-14.97%
1 Month-16.4%
3 Month-2.69%
6 Month-47.94%
12 Month-47.8%
2 Year-60.86%
3 Year-68.63%
5 Year-67.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%7.51%
ATR Inc0.48%
Range Today0.73
ADR(20)0.59
ADR(20)%7.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.81
Mansfield-4.34
10 Day High9.35
10 Day Low7.91
20 Day High10.68
20 Day Low7.91
52 Week High18.98
52 Week Low6.5
CS1 EndN/A
CR1 Start8.66
Volume & EV
DER(3)-1.01%
DER(5)-1.45%
Volume3.75M
Volume Incr19.35%
Vol(5)1.40M
Vol(50)1.22M