Cerecor Inc (CERC) Stock Technical Analysis
NASDAQ:CERC - Nasdaq -
Overall CERC gets a technical rating of 4 out of 10. CERC has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When compared to the yearly performance of all other stocks, CERC outperforms 48% of them, which is more or less in line with the market.
CERC is an average performer in the Pharmaceuticals industry, it outperforms 59% of 193 stocks in the same industry.
CERC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CERC is lagging the market.
In the last month CERC has a been trading in the 2.61 - 3.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CERC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.84, a Stop Loss order could be placed below this zone.
More info and screens
2.25
4.02
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. |
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)
2.93
-0.05 (-1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.68%
1 Week5.4%
2 Weeks-4.25%
1 Month6.55%
3 Month10.98%
6 Month-13.06%
12 Month15.35%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%5.2%
ATR Inc-41.96%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.14
Mansfield-1.04
10 Day High3.03
10 Day Low2.61
20 Day High3.1
20 Day Low2.61
52 Week High4.5
52 Week Low1.98
CS1 End2.84
CR1 Start2.94
Volume & EV
DER(3)-8.7%
DER(5)-6.21%
Volume268.00K
Volume Incr29.02%
Vol(5)752.04K
Vol(50)588.62K