ALERUS FINANCIAL CORP (ALRS) Stock Technical Analysis
USA - NASDAQ:ALRS - US01446U1034 - Common Stock
20.99 USD
+0.09 (+0.43%)
20.99 USD
0 (0%)
We assign a technical rating of 1 out of 10 to ALRS. ALRS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
79% of all other stocks performed better in the past year than ALRS.
In the last month ALRS has a been trading in the 20.66 - 23.82 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
ALRS is an average performer in the Financial Services industry, it outperforms 44% of 99 stocks in the same industry.
ALRS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALRS is lagging the market.
ALRS has a poor technical rating and the quality of the setup is also 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
20.24
23.65
We found 2 important support areas.
- Support @20.77 from a horizontal line in the daily time frame.
- A support zone ranging from 20.44 to 20.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @21.00 from a trend line in the daily time frame.
- A resistance zone ranging from 21.44 to 22.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.84 to 23.42. 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 | NEUTRAL | NEUTRAL | The long term trend for ALRS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALRS is down. |
| ChartMill Relative Strength | 21.75 | NEGATIVE | ALRS has a low relative strength, it was outperformed by 78.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALRS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ALRS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.72 | NEUTRAL | The RSI value for ALRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ALRS has a negative trend. |
| Stochastics (14,3) | 25.7 | NEUTRAL | The Stochastics value for ALRS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for ALRS suggests some volalility. |
| Average Directional Index/ADX (14) | 14.16 | NEGATIVE | The low ADX value for ALRS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
20.99
+0.09 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.43%
1 Week0.86%
2 Weeks-4.68%
1 Month-9.25%
3 Month-4.85%
6 Month23.47%
12 Month-13.12%
2 Year21.26%
3 Year-5.87%
5 Year-2.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%2.57%
ATR Inc43.27%
Range Today0.34
ADR(20)0.53
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.75
Mansfield-0.86
10 Day High22.24
10 Day Low20.66
20 Day High23.82
20 Day Low20.66
52 Week High24.33
52 Week Low15.78
CS1 End20.77
CR1 Start21
Volume & EV
DER(3)0.24%
DER(5)1.22%
Volume80.40K
Volume Incr-2.74%
Vol(5)88.58K
Vol(50)82.53K