CERS Technical Analysis - CERUS CORP

Technical Rating and Analysis

Taking everything into account, CERS scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CERS is only an average performer.

The long and short term trends are both positive. This is looking good!

CERS has an average volume of 1398450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When comparing the performance of all stocks over the past year, CERS turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.

CERS is an average performer in the Health Care Equipment & Supplies industry, it outperforms 63% of 190 stocks in the same industry.

CERS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CERS is lagging the market.

In the last month CERS has a been trading in the 1.41 - 1.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

CERS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.33

1.70

We found 2 important support areas.

A support zone ranging from 1.60 to 1.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @1.34 from a horizontal line in the daily time frame.

We found 1 important resistance area.

A resistance zone ranging from 1.66 to 1.68. This zone is formed by a combination of multiple trend lines in the daily time frame.

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Support and Resistance indicators

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Technical Indicator Signal Analysis

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	46.36	NEUTRAL	CERS is not amongst the best or worst performers 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)	DOWN	MIXED	The current price of CERS is above a declining SMA(200).
Relative Strength Index/RSI (14)	51.92	NEUTRAL	The RSI value for CERS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests CERS has a negative trend.
Stochastics (14,3)	47.29	NEUTRAL	The Stochastics value for CERS is a neutral value.
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)	31.43	POSITIVE	The high ADX value value for CERS suggests a strong trend.