Taking everything into account, CERS scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, CERS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although CERS has an excellent technical rating, the quality of the presented setup is not ideal 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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1.33
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.56 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.52 from a trend line in the daily time frame.
- Support @1.44 from a horizontal line in the daily time frame.
- Support @1.34 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 | UP | POSITIVE | The short term trend for CERS is up. |
| ChartMill Relative Strength | 81.22 | POSITIVE | CERS has a high relative strength, it outperformed 81.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CERS is above 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) | UP | POSITIVE | The current price of CERS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.18 | NEUTRAL | The RSI value for CERS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CERS has a positive trend. |
| Stochastics (14,3) | 89.81 | OVERBOUGHT | The high Stochastics value suggests CERS may be overbought. |
| Average True Range in percent/ATR (20) | 6.68 | HIGH VOLATILITY | The high ATR as a percentage value for CERS suggests high volalility. |
| Average Directional Index/ADX (14) | 23.65 | NEUTRAL | The ADX value for CERS suggests a possible start of a new 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 |
|---|---|---|---|
| 1.79 | 1.55 | 0.24 (13.41%) | 7.46% |
| An entry @1.79. This is a Buy Stop order right above the 10 day high. | An exit @1.55. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.24 points, which is 13.41%. | For a 1.00% total portfolio risk, you can invest 7.46% 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.
1.76
-0.01 (-0.56%)
CERUS CORP / CERS FAQ
Can you provide the ChartMill technical rating for CERUS CORP?
ChartMill assigns a technical rating of 9 / 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 62.1786. 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 0.0206484, indicating a bearish trend.
What are the support and resistance levels for CERUS CORP (CERS) stock?
CERUS CORP (CERS) has a support level at 1.57. Check the full technical report for our detailed analysis of CERS support and resistance levels.