Taking everything into account, CERC scores 4 out of 10 in our technical rating. In the past year, CERC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, CERC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.84, a Stop Loss order could be placed below this zone.
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2.25
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.82 to 2.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.64 to 2.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.27 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.94 to 2.94. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 3.05 to 3.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.28 to 3.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.98 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for CERC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CERC is up. |
| ChartMill Relative Strength | 48.14 | NEUTRAL | CERC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CERC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CERC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CERC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.23 | NEUTRAL | The RSI value for CERC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CERC has a positive trend. |
| Stochastics (14,3) | 65.99 | NEUTRAL | The Stochastics value for CERC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for CERC suggests high volalility. |
2.93
-0.05 (-1.68%)
Cerecor Inc / CERC FAQ
What is the ChartMill technical rating of Cerecor Inc (CERC) stock?
ChartMill assigns a technical rating of 4 / 10 to CERC.
What is the current trend direction of Cerecor Inc (CERC) stock?
The current trend direction for Cerecor Inc (CERC) is Bearish.
What is the RSI signal for Cerecor Inc (CERC) stock?
Cerecor Inc (CERC) has an RSI value of 52.2347. This indicates that the stock is currently neutral.
What is the MACD signal for CERC stock?
The MACD indicator for Cerecor Inc (CERC) has a value of 0.0236367, indicating a bearish trend.
What is the short term momentum for CERC stock?
The short term momentum for Cerecor Inc (CERC) is positive.