Arcutis Biotherapeutics (ARQT, $16.16) entered Downtrend as Momentum indicator drops below 0 level on Apr 03, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap, #Russel2000
ARQT - Arcutis Biotherapeutics
Momentum signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $16.16
Daily change: -$0.44 (-2.65%)
Daily volume: 2.8M
Capitalization: $1.9B
Industry: Biotechnology

This indicator may be signaling that ARQT's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 81 similar cases where ARQT's Momentum Indicator fell below the 0 level, and 73 of them led to a successful outcome. Odds of Success: 90%.