Is Arcutis Biotherapeutics, Inc. technically bullish or bearish?
As of May 6, 2025, the trend is mildly bullish with daily moving averages supporting this view, but caution is advised due to mildly bearish signals from the weekly MACD and KST, despite overall positive indicators from Bollinger Bands.
As of 6 May 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating bullish momentum. However, the weekly MACD and KST are both mildly bearish, suggesting some caution in the short term. The Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the overall positive outlook. The lack of signals from the RSI and the mixed signals from the OBV indicate a neutral strength in the market. Overall, while there are bullish indicators, the presence of mildly bearish signals on the weekly charts suggests a cautious approach.
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