ARCUS BIOSCIENCES INC (RCUS) Stock Technical Analysis
NYSE:RCUS - New York Stock Exchange, Inc. - US03969F1093 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to RCUS. In the past year, RCUS 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.
When comparing the yearly performance of all stocks, RCUS is a bad performer in the overall market: 87% 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.
RCUS has an average volume of 1076350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
RCUS is an average performer in the Biotechnology industry, it outperforms 47% of 556 stocks in the same industry.
In the last month RCUS has a been trading in the 7.91 - 9.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
RCUS has an average technical rating and the quality of the presented setup is also not ideal 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
7.86
17.33
We found 3 important support areas.
- A support zone ranging from 8.84 to 9.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.23 to 8.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.94 to 8.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @9.36 from a trend line in the daily time frame.
- A resistance zone ranging from 9.98 to 10.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.67 from a trend line in the weekly time frame.
- Resistance @17.16 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 | DOWN | NEGATIVE | The long term trend for RCUS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RCUS is up. |
| ChartMill Relative Strength | 13.34 | NEGATIVE | RCUS has a low relative strength, it was outperformed by 86.66% 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) | 53.7 | NEUTRAL | The RSI value for RCUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests RCUS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.16 | NEUTRAL | The Stochastics value for RCUS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for RCUS suggests high volalility. |
| Average Directional Index/ADX (14) | 20.21 | NEUTRAL | The ADX value for RCUS suggests a possible start of a new 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)
9.26
+0.11 (+1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.2%
1 Week-4.04%
2 Weeks12.65%
1 Month7.42%
3 Month11.57%
6 Month-29.64%
12 Month-41.43%
2 Year-53.47%
3 Year-65.17%
5 Year-52.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%5.27%
ATR Inc-21.11%
Range Today0.33
ADR(20)0.47
ADR(20)%5.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.34
Mansfield-3.27
10 Day High9.97
10 Day Low8.23
20 Day High9.97
20 Day Low7.91
52 Week High18.98
52 Week Low6.5
CS1 End9.07
CR1 Start9.36
Volume & EV
DER(3)0.04%
DER(5)-1.13%
Volume599.75K
Volume Incr-36.21%
Vol(5)625.97K
Vol(50)1.08M