What’s Better: ArQule, Inc. ($ARQL) or Amphastar Pharmaceuticals, Inc. ($AMPH)

2019-08-20 | Welcome! Today we compared how two different stocks in the Major Pharmaceuticals industry are trading: ArQule, Inc. and Amphastar Pharmaceuticals, Inc.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, ArQule, Inc. opened at 8.66, got to a maximum price of 8.99 and dropped to as low as 8.61 before finishing the session at 8.96. In total there were 899400 shares traded, which is enough to conduct our analysis. Compare that now to Amphastar Pharmaceuticals, Inc., which opened at 21.14, had a high of 21.52, a low of 20.76, closed at 21.38 and had a total volume of 294600.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator ArQule, Inc. Amphastar Pharmaceuticals, Inc.
Accumulation-distribution index 70.82592 135.2
on-balance volume -8.64 -20.9
chaikin money flow

1.30303 3.0
force index

-0.0099 0.2173
ease of movement rating

-0.00166 0.00329
volume-price trend

0.96224 0.44234
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator ArQule, Inc. Amphastar Pharmaceuticals, Inc.
Average true range 0.29764 0.3802
Bolinger bands 8.71971 20.87885
Upper bollinger band 8.38029 20.51115
Lower bollinger band

8.61 20.76
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

8.75333 21.14
High band keltner channel

8.42333 20.76
Low band keltner channel

9.08333 21.52
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

8.61 20.76
Donchain channel low band

8.61 20.76
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator ArQule, Inc. Amphastar Pharmaceuticals, Inc.
Moving Average Convergence Divergence (MACD) trend_macd -0.00292
MACD signal -0.0015 -0.00162
MACD difference -0.0012 -0.0013
fast Exponential Moving Average (EMA) indicator

8.61 20.76
slow Exponential Moving Average (EMA) indicator

8.61 20.76
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.52337 0.08741
trix

1.77652 2.41822
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

66.66667 -66.66667
Detrended Price Oscillator (DPO)

-0.84952 -0.41723
KST Oscillator (KST)

109.46703 20.50994
KST Oscillator (KST Signal)

109.46703 20.50994
KST difference

-3.86574 -1.59762
Ichimoku rating

8.825 21.33
Ichimoku B rating

8.825 21.33
Ichimoku visual trend A

8.48119 20.79287
Ichimoku visual trend B

9.18829 20.67796
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 -4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator ArQule, Inc. Amphastar Pharmaceuticals, Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 100.0
True Strength Index (TSI) 100.0 100.0
ultimate oscillator

94.44146 52.3349
stochastic oscillator

115.15152 200.0
stochastic oscillator signal

115.15152 200.0
Williams %R rating

15.15152 100.0
awesome oscillator

0.03683 -0.07667

RETURNS: That’s all for technical analysis. Now let’s just list the returns for ArQule, Inc. and Amphastar Pharmaceuticals, Inc..

Daily return 10.9467 2.05099
Daily log return -1.40353 -0.62817
Cumulative return -1.39373 -0.6262

So there you have it: our deep, grueling analysis comparing ArQule, Inc. and Amphastar Pharmaceuticals, Inc. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s ArQule, Inc.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether ARQL is strong or weak. Again – this is not a reliable indication of whether ArQule, Inc. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Amphastar Pharmaceuticals, Inc.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com
Gary Ivenchuck

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