CERUS CORP (CERS) Stock Technical Analysis
USA - NASDAQ:CERS - US1570851014 - Common Stock
Overall CERS gets a technical rating of 6 out of 10. Although CERS is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, CERS 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
1.33
When analyzing the support we can see 2 important areas.
- Support @1.49 from a horizontal line in the daily time frame.
- Support @1.34 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @1.61 from a horizontal line in the weekly time frame.
- Resistance @1.65 from a trend line in the daily time frame.
- Resistance @1.68 from a horizontal 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 | UP | POSITIVE | The long term trend for CERS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CERS is neutral. |
| ChartMill Relative Strength | 39.42 | NEUTRAL | CERS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CERS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CERS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CERS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.52 | NEUTRAL | The RSI value for CERS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CERS has a negative trend. |
| Stochastics (14,3) | 15.15 | OVERSOLD | The low Stochastics value suggests CERS may be oversold. |
| Average True Range in percent/ATR (20) | 6.24 | HIGH VOLATILITY | The high ATR as a percentage value for CERS suggests high volalility. |
| Average Directional Index/ADX (14) | 25.89 | POSITIVE | The high ADX value value for CERS suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.62 | 1.48 | 0.14 (8.64%) | 11.57% |
| An entry @1.62. This is a Buy Stop order right above the resistance zone. | An exit @1.48. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.14 points, which is 8.64%. | For a 1.00% total portfolio risk, you can invest 11.57% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.53
+0.02 (+1.32%)
CERUS CORP / CERS FAQ
Can you provide the ChartMill technical rating for CERUS CORP?
ChartMill assigns a technical rating of 6 / 10 to CERS.
What is the trend direction for CERS stock?
The current trend direction for CERUS CORP (CERS) is Bullish.
What is the RSI signal for CERUS CORP (CERS) stock?
CERUS CORP (CERS) has an RSI value of 50.5222. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CERUS CORP?
The MACD indicator for CERUS CORP (CERS) has a value of -0.0188172, indicating a bearish trend.
What are the support and resistance levels for CERUS CORP (CERS) stock?
CERUS CORP (CERS) has a support level at 1.49 and a resistance level at 1.61. Check the full technical report for our detailed analysis of CERS support and resistance levels.