CERO THERAPEUTICS HOLDINGS I (CERO) Stock Technical Analysis
NASDAQ:CERO - Nasdaq - US71902K3032 - Common Stock - Currency: USD
Taking everything into account, CERO scores 1 out of 10 in our technical rating. CERO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CERO is a bad performer in the overall market: 99% of all stocks are doing better.
CERO is part of the Biotechnology industry. There are 560 other stocks in this industry, of which 87% are performing better than CERO.
CERO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CERO has a been trading in the 6.71 - 26.99 range, which is quite wide. It is currently trading near the lows of this range.
CERO has an average volume of 1920230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CERO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
8.57
15.92
When analyzing the support we notice one important area.
- A support zone ranging from 8.66 to 8.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @15.76 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for CERO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CERO is down. |
| ChartMill Relative Strength | 1.08 | NEGATIVE | CERO has a low relative strength, it was outperformed by 98.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CERO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CERO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CERO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.78 | NEUTRAL | The RSI value for CERO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CERO has a negative trend. |
| Stochastics (14,3) | 11.71 | OVERSOLD | The low Stochastics value suggests CERO may be oversold. |
| Average True Range in percent/ATR (20) | 28.17 | HIGH VOLATILITY | The high ATR as a percentage value for CERO suggests high volalility. |
| Average Directional Index/ADX (14) | 39.2 | POSITIVE | The high ADX value value for CERO suggests a strong trend. |
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)
8.72
-0.13 (-1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.47%
1 Week-5.83%
2 Weeks-18.35%
1 Month18.16%
3 Month-37.71%
6 Month-85.27%
12 Month-97.77%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%28.17%
ATR Inc-82%
Range Today0.45
ADR(20)2.04
ADR(20)%23.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.08
Mansfield-9.39
10 Day High10.66
10 Day Low8.5
20 Day High26.99
20 Day Low6.71
52 Week High895.4
52 Week Low6.71
CS1 End8.71
CR1 Start15.76
Volume & EV
DER(3)-5.55%
DER(5)-4.86%
Volume109.10K
Volume Incr-95.93%
Vol(5)151.42K
Vol(50)1.92M