Overall CERE gets a technical rating of 10 out of 10. 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.
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.
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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.
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. |
44.96
+0.33 (+0.74%)
CEREVEL THERAPEUTICS HOLDING / CERE FAQ
Can you provide the ChartMill technical rating for CEREVEL THERAPEUTICS HOLDING?
ChartMill assigns a technical rating of 10 / 10 to CERE.
What is the current trend direction of CEREVEL THERAPEUTICS HOLDING (CERE) stock?
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.
What is the MACD signal for CERE stock?
The MACD indicator for CEREVEL THERAPEUTICS HOLDING (CERE) has a value of 0.267431, indicating a bearish trend.
What is the support and resistance level for CERE stock?
CEREVEL THERAPEUTICS HOLDING (CERE) has a support level at 42.53. Check the full technical report for our detailed analysis of CERE support and resistance levels.