Taking everything into account, ALRS scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ALRS is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- ALRS is part of the Financial Services industry. There are 98 other stocks in this industry. ALRS outperforms 85% of them.
- ALRS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- ALRS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that ALRS is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
ALRS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 24.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.98, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ALRS in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
20.24
4 important support areas can be observed.
- A support zone ranging from 24.16 to 24.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.44 to 22.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.77 to 20.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.44 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for ALRS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALRS is up. |
| ChartMill Relative Strength | 79.59 | POSITIVE | ALRS has a high relative strength, it outperformed 79.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALRS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALRS is above 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) | 65.68 | NEUTRAL | The RSI value for ALRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ALRS has a positive trend. |
| Stochastics (14,3) | 82.47 | OVERBOUGHT | The high Stochastics value suggests ALRS may be overbought. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for ALRS suggests some volalility. |
| Average Directional Index/ADX (14) | 27.45 | POSITIVE | The high ADX value value for ALRS suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.17 | 22.05 | 2.12 (8.78%) | 11.39% |
| An entry @24.17. This is a Buy Stop order right above the resistance zone. | An exit @22.05. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.12 points, which is 8.78%. | For a 1.00% total portfolio risk, you can invest 11.39% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:ALRS (1/16/2026, 2:38:04 PM)
24.205
+0.05 (+0.23%)
ALERUS FINANCIAL CORP / ALRS FAQ
Can you provide the ChartMill technical rating for ALERUS FINANCIAL CORP?
ChartMill assigns a technical rating of 8 / 10 to ALRS.
What is the trend direction for ALRS stock?
The current trend direction for ALERUS FINANCIAL CORP (ALRS) is Bullish.
What is the RSI signal for ALRS stock?
ALERUS FINANCIAL CORP (ALRS) has an RSI value of 65.6842. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ALERUS FINANCIAL CORP?
The MACD indicator for ALERUS FINANCIAL CORP (ALRS) has a value of 0.109597, indicating a bearish trend.
Can you provide the buy/sell signal for ALERUS FINANCIAL CORP?
The buy/sell signal for ALERUS FINANCIAL CORP (ALRS) is buy as both the short term and long term trends are positive.