ARCUS BIOSCIENCES INC (RCUS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RCUS - US03969F1093 - Common Stock
Overall RCUS gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RCUS is showing a nice and steady performance.
Although RCUS has an excellent technical rating, the quality of the presented setup is 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
17.32
When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.26 to 25.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.49 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.10 to 26.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 RCUS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RCUS is up. |
| ChartMill Relative Strength | 96.75 | POSITIVE | RCUS has a high relative strength, it outperformed 96.75% 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) | UP | POSITIVE | The current price of RCUS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.02 | OVERBOUGHT | The high RSI value suggests RCUS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests RCUS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.2 | OVERBOUGHT | The high Stochastics value suggests RCUS may be overbought. |
| Average True Range in percent/ATR (20) | 4.81 | MEDIUM VOLATILITY | The ATR as a percentage value for RCUS suggests some volalility. |
| Average Directional Index/ADX (14) | 46.36 | POSITIVE | The high ADX value value for RCUS suggests a strong trend. |
25.8
+0.35 (+1.38%)
ARCUS BIOSCIENCES INC / RCUS FAQ
What is the ChartMill technical rating of ARCUS BIOSCIENCES INC (RCUS) stock?
ChartMill assigns a technical rating of 9 / 10 to RCUS.
What is the current trend direction of ARCUS BIOSCIENCES INC (RCUS) stock?
The current trend direction for ARCUS BIOSCIENCES INC (RCUS) is Bullish.
What is the RSI signal for RCUS stock?
ARCUS BIOSCIENCES INC (RCUS) has an RSI value of 77.0167. This indicates that the stock is currently overbought.
What is the MACD signal for ARCUS BIOSCIENCES INC (RCUS) stock?
The MACD indicator for ARCUS BIOSCIENCES INC (RCUS) has a value of 0.0949605, indicating a bearish trend.
Can you provide the support and resistance levels for ARCUS BIOSCIENCES INC?
ARCUS BIOSCIENCES INC (RCUS) has a support level at 25.45 and a resistance level at 26.1. Check the full technical report for our detailed analysis of RCUS support and resistance levels.