CERUS CORP (CERS) Stock Technical Analysis
NASDAQ:CERS - Nasdaq - US1570851014 - Common Stock - Currency: USD
Overall CERS gets a technical rating of 6 out of 10. CERS has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
CERS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CERS has a been trading in the 1.28 - 1.60 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CERS has an average volume of 1242920 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 45% of all stocks.
CERS is an average performer in the Health Care Equipment & Supplies industry, it outperforms 61% of 187 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CERS has an average technical rating and the quality of the presented setup is also 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.
More info and screens
1.21
1.63
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.41 to 1.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.32 to 1.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.24 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.22 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.55 to 1.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.61 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CERS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CERS is up. |
| ChartMill Relative Strength | 45.52 | 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 | NEGATIVE | The current price of CERS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.7 | 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) | 86.55 | OVERBOUGHT | The high Stochastics value suggests CERS may be overbought. |
| Average True Range in percent/ATR (20) | 6.18 | HIGH VOLATILITY | The high ATR as a percentage value for CERS suggests high volalility. |
| Average Directional Index/ADX (14) | 20.83 | NEUTRAL | The ADX value for CERS suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.54
-0.02 (-1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.28%
1 Week13.24%
2 Weeks14.93%
1 Month6.94%
3 Month24.19%
6 Month-8.33%
12 Month-9.41%
2 Year-49.84%
3 Year-71.48%
5 Year-78.4%
10 Year-71.64%
15 Year-50.32%
Volatility
ATR(14)0.09
ATR(20)%6.18%
ATR Inc22.15%
Range Today0.07
ADR(20)0.09
ADR(20)%6.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.52
Mansfield-1.67
10 Day High1.6
10 Day Low1.28
20 Day High1.6
20 Day Low1.28
52 Week High2.54
52 Week Low1.12
CS1 End1.41
CR1 Start1.44
Volume & EV
DER(3)0.53%
DER(5)2.26%
Volume388.90K
Volume Incr28.06%
Vol(5)1.80M
Vol(50)1.24M