ALERUS FINANCIAL CORP (ALRS)
US01446U1034 - Common Stock
We assign a technical rating of 4 out of 10 to ALRS. Although ALRS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that ALRS is one of the better performing stocks in the market, outperforming 82% of all stocks.
ALRS is one of the better performing stocks in the Financial Services industry, it outperforms 74% of 102 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ALRS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALRS is lagging the market slightly.
In the last month ALRS has a been trading in the 19.66 - 21.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ALRS has an average technical rating and the quality of the presented setup is also not ideal 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
17.65
23.69
We found 3 important support areas.
- A support zone ranging from 19.90 to 20.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.29 from a horizontal line in the daily time frame.
- Support @17.83 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 20.71 to 21.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.26 from a horizontal line in the daily time frame.
- A resistance zone ranging from 23.14 to 23.46. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.12
Mansfield-0.14
10 Day High21.4
10 Day Low19.66
20 Day High21.9
20 Day Low19.66
52 Week High25.85
52 Week Low13.11
Performance
1 Week5.42%
2 Weeks5.53%
1 Month-0.57%
3 Month-10.33%
6 Month21.04%
12 Month45.93%
2 Year-17.81%
3 Year-26.96%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)52.08
LBB19.42
UBB21.47
ALERUS FINANCIAL CORP
NASDAQ:ALRS (4/25/2024, 10:36:31 AM)
20.43
-0.57 (-2.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-2.71%
1 Week5.42%
2 Weeks5.53%
1 Month-0.57%
3 Month-10.33%
6 Month21.04%
12 Month45.93%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.52
ATR(20)%2.58%
ATR Inc
Range Today0.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High21.4
10 Day Low19.66
20 Day High21.9
20 Day Low19.66
52 Week High25.85
52 Week Low13.11
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.44K
Volume Incr55.61%
Vol(5)38.46K
Vol(50)32.82K