Taking everything into account, ARQT scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, ARQT has proven to be a steady performer, scoring decent points in every aspect analyzed.
ARQT has an excellent technical rating, but the quality of the setup is only medium 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
15.47
5 important support areas can be observed.
- A support zone ranging from 27.78 to 28.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.67 from a trend line in the daily time frame.
- Support @21.34 from a trend line in the daily time frame.
- Support @17.26 from a trend line in the weekly time frame.
- Support @15.63 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.20 to 31.20. 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 ARQT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARQT is neutral. |
| ChartMill Relative Strength | 95.36 | POSITIVE | ARQT has a high relative strength, it outperformed 95.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ARQT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARQT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARQT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.09 | NEUTRAL | The RSI value for ARQT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests ARQT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.12 | OVERSOLD | The low Stochastics value suggests ARQT may be oversold. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for ARQT suggests some volalility. |
| Average Directional Index/ADX (14) | 33.27 | POSITIVE | The high ADX value value for ARQT suggests a strong trend. |
28.01
+0.23 (+0.83%)
ARCUTIS BIOTHERAPEUTICS INC / ARQT FAQ
Can you provide the ChartMill technical rating for ARCUTIS BIOTHERAPEUTICS INC?
ChartMill assigns a technical rating of 9 / 10 to ARQT.
What is the current trend direction of ARCUTIS BIOTHERAPEUTICS INC (ARQT) stock?
The current trend direction for ARCUTIS BIOTHERAPEUTICS INC (ARQT) is Bullish.
What is the RSI signal for ARQT stock?
ARCUTIS BIOTHERAPEUTICS INC (ARQT) has an RSI value of 49.0911. This indicates that the stock is currently neutral.
What are the support and resistance levels for ARCUTIS BIOTHERAPEUTICS INC (ARQT) stock?
ARCUTIS BIOTHERAPEUTICS INC (ARQT) has a support level at 28 and a resistance level at 31.2. Check the full technical report for our detailed analysis of ARQT support and resistance levels.