We assign a technical rating of 8 out of 10 to CERS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CERS is showing a nice and steady performance.
CERS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
1.23
We found 5 important support areas.
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 | 91.68 | POSITIVE | CERS has a high relative strength, it outperformed 91.68% off all stocks 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) | UP | POSITIVE | The current price of CERS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.18 | NEUTRAL | The RSI value for CERS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CERS has a negative trend. |
| Stochastics (14,3) | 37.86 | NEUTRAL | The Stochastics value for CERS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.7 | HIGH VOLATILITY | The high ATR as a percentage value for CERS suggests high volalility. |
| Average Directional Index/ADX (14) | 29.45 | POSITIVE | The high ADX value value for CERS suggests a strong trend. |
2.33
+0.01 (+0.43%)
ChartMill assigns a technical rating of 8 / 10 to CERS.
The current trend direction for CERUS CORP (CERS) is Bullish.
CERUS CORP (CERS) has an RSI value of 51.1809. This indicates that the stock is currently neutral.
The MACD indicator for CERUS CORP (CERS) has a value of -0.0354826, indicating a bearish trend.
The short term momentum for CERUS CORP (CERS) is neutral.