CERUS CORP (CERS) Stock Technical Analysis
NASDAQ:CERS • US1570851014
Taking everything into account, CERS scores 10 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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CERS did better than 91% of all other stocks.
- CERS is part of the Health Care Equipment & Supplies industry. There are 185 other stocks in this industry. CERS outperforms 95% of them.
- CERS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CERS is lagging the market slightly.
- In the last month CERS has a been trading in the 2.04 - 2.62 range, which is quite wide. It is currently trading near the high of this range.
- CERS has an average volume of 1380480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although CERS has an excellent technical rating, it does not offer a high quality setup 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
1.23
4 important support areas can be observed.
- A support zone ranging from 2.37 to 2.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.22 to 2.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.89 from a trend line in the daily time frame.
- Support @1.24 from a horizontal 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 | 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 | 91.75 | POSITIVE | CERS has a high relative strength, it outperformed 91.75% 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) | 62.98 | 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) | 76.83 | NEUTRAL | The Stochastics value for CERS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for CERS suggests high volalility. |
| Average Directional Index/ADX (14) | 18.96 | NEGATIVE | The low ADX value for CERS suggests a weak or negative trend. |
2.6
+0.18 (+7.44%)
CERUS CORP / CERS FAQ
Can you provide the ChartMill technical rating for CERUS CORP?
ChartMill assigns a technical rating of 10 / 10 to CERS.
Can you provide the trend direction for CERUS CORP?
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 62.9785. This indicates that the stock is currently neutral.
What is the MACD signal for CERUS CORP (CERS) stock?
The MACD indicator for CERUS CORP (CERS) has a value of 0.01983, indicating a bearish trend.
What is the short term momentum for CERS stock?
The short term momentum for CERUS CORP (CERS) is positive.