CEREVEL THERAPEUTICS HOLDING (CERE) Technical Analysis
NASDAQ:CERE • US15678U1280
Current stock price
CERE Technical Rating and Analysis
Taking everything into account, CERE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CERE is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CERE did better than 96% of all other stocks.
- CERE is one of the better performing stocks in the Biotechnology industry, it outperforms 88% of 517 stocks in the same industry.
- CERE is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CERE is leading the market.
- In the last month CERE has a been trading in the 39.16 - 44.99 range, which is quite wide. It is currently trading near the high of this range.
- CERE has an average volume of 2316470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
CERE Weekly and Daily overview Charts
CERE Setup Rating and Analysis
Although CERE has an excellent technical rating, it does not offer a high quality setup 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
CERE Support and Resistance Analysis
39.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 42.29 to 42.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.30 to 41.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 40.01 to 40.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
CERE Technical Indicator Signal Analysis
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 CERE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CERE is up. |
| ChartMill Relative Strength | 96.77 | POSITIVE | CERE has a high relative strength, it outperformed 96.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CERE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CERE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CERE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.45 | OVERBOUGHT | The high RSI value suggests CERE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests CERE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.56 | OVERBOUGHT | The high Stochastics value suggests CERE may be overbought. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for CERE suggests low volalility. |
| Average Directional Index/ADX (14) | 27.43 | POSITIVE | The high ADX value value for CERE suggests a strong trend. |
CERE Chart- and CandleStick Pattern Analysis
CERE Technicals: Chart, Performance Metrics, Trend & Indicators
44.96
+0.33 (+0.74%)
CEREVEL THERAPEUTICS HOLDING / CERE TA FAQ
Can you provide the ChartMill technical rating for CEREVEL THERAPEUTICS HOLDING?
ChartMill assigns a technical rating of 10 / 10 to CERE.
Can you provide the trend direction for CEREVEL THERAPEUTICS HOLDING?
The current trend direction for CEREVEL THERAPEUTICS HOLDING (CERE) is Bullish.
What is the RSI signal for CERE stock?
CEREVEL THERAPEUTICS HOLDING (CERE) has an RSI value of 72.4507. This indicates that the stock is currently overbought.
Can you provide the MACD signal for CEREVEL THERAPEUTICS HOLDING?
The MACD indicator for CEREVEL THERAPEUTICS HOLDING (CERE) has a value of 0.267431, indicating a bearish trend.
Can you provide the buy/sell signal for CEREVEL THERAPEUTICS HOLDING?
The buy/sell signal for CEREVEL THERAPEUTICS HOLDING (CERE) is buy as both the short term and long term trends are positive.