Question 1

What does the Stochastic Oscillator suggest about ARQT's trend?

Accepted Answer

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Question 2

How did ARQT's Momentum indicator behave recently?

Accepted Answer

ARQT saw its Momentum Indicator move below the 0 level on August 14, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 72 similar instances where the indicator turned negative. In 64 of the 72 cases, the stock moved further down in the following days. The odds of a decline are at 0%.

Question 3

What is the significance of the 50-day moving average indicator for ARQT?

Accepted Answer

ARQT moved below its 50-day moving average on August 15, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 4

What is the significance of the 10-day moving average indicator for ARQT?

Accepted Answer

The 10-day moving average for ARQT crossed bearishly below the 50-day moving average on August 15, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 16 of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 5

What does a 3-day price advance indicate for ARQT?

Accepted Answer

Following a +9.72% 3-day Advance, the price is estimated to grow further. Considering data from situations where ARQT advanced for three days, in 230 of 276 cases, the price rose further within the following month. The odds of a continued upward trend are 83%.

Question 6

What does a 3-day decline signify for ARQT's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ARQT declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 7

What does ARQT breaking above its upper Bollinger Band indicate?

Accepted Answer

ARQT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 8

How does the Aroon Indicator reflect on ARQT's trend?

Accepted Answer

The Aroon Indicator for ARQT entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

ARQT Stock Arcutis Biotherapeutics (ARQT, $9.24) price may drop as it broke higher Bollinger Band on May 15, 2024

Momentum Indicator for ARQT turns negative, indicating new downward trend

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