CERUS CORP (CERS)       3.7  -0.16 (-4.15%)

3.7  -0.16 (-4.15%)

US1570851014 - Common Stock - After market: 3.7 0 (0%)

Technical Rating

1

Taking everything into account, CERS scores 1 out of 10 in our technical rating. CERS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.



CERS has an average volume of 1140190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CERS is an average performer in the Health Care Equipment & Supplies industry, it outperforms 52% of 220 stocks in the same industry.
In the last month CERS has a been trading in the 3.25 - 4.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
76% of all other stocks performed better in the past year than CERS.
CERS is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.

Statistics

1 Month 3 Months 6 Months 12 Months 0.54% -5.61% -26.15% -44.28% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 24.68 3.25 - 7.195
CERS Weekly chart
CERS Daily chart

Support/Resistance Analysis


3.34

5.93
We found 2 important support areas.
  • A support zone ranging from 3.43 to 3.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @3.37 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
  • A resistance zone ranging from 3.79 to 3.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 4.11 to 4.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @4.52 from a trend line in the weekly time frame.
  • A resistance zone ranging from 5.73 to 5.87. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

5

CERS has a bad 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 3.43, a Stop Loss order could be placed below this zone.


CERS Daily chart

CERUS CORP3.7

NASDAQ:CERS (11/28/2022, 7:00:01 PM)-0.16 (-4.15%)

After market: 3.7 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Health Care
GICS Industry Health Care Equipment & Supplies
Performance
Today -4.15% 1 Week -5.61%
2 Weeks -9.76% 1 Month 0.54%
3 Month -5.61% 6 Month -26.15%
Volatility
ATR(14) 0.21 ATR(20)% 5.55%
ATR Inc -33.92% Range Today 0.21
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 24.68 Mansfield -2.17
10 Day High 4.14 10 Day Low 3.67
20 Day High 4.16 20 Day Low 3.25
52 Week High 7.2 52 Week Low 3.25
CS1 End 3.43 CR1 Start 3.79
Volume & EV
DER(3) 2.26% DER(5) 1.74%
Volume 935.80K Volume Incr -37.19%
Vol(5) 709.20K Vol(50) 1.14M

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