CERUS CORP (CERS) Technical Analysis
NASDAQ:CERS • US1570851014
Current stock price
CERS Technical Rating and Analysis
Taking everything into account, CERS scores 0 out of 10 in our technical rating. CERS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 63% of all other stocks performed better in the past year than CERS.
- CERS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- CERS is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry. CERS outperforms 73% of them.
- CERS has an average volume of 1794400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- CERS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CERS is lagging the market slightly.
CERS Weekly and Daily overview Charts
CERS Setup Rating and Analysis
CERS has a poor technical rating and the quality of the setup is also only medium 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
CERS Support and Resistance Analysis
1.23
When analyzing the support we can see 3 important areas.
- Support @1.71 from a trend line in the daily time frame.
- A support zone ranging from 1.68 to 1.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.24 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @1.81 from a horizontal line in the daily time frame.
- Resistance @2.52 from a trend line in the daily time frame.
CERS 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 | NEUTRAL | NEUTRAL | The long term trend for CERS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CERS is down. |
| ChartMill Relative Strength | 37.12 | NEUTRAL | CERS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CERS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CERS is below a declining 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) | 33.87 | NEUTRAL | The RSI value for CERS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CERS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.96 | OVERSOLD | The low Stochastics value suggests CERS may be oversold. |
| Average True Range in percent/ATR (20) | 9.9 | HIGH VOLATILITY | The high ATR as a percentage value for CERS suggests high volalility. |
| Average Directional Index/ADX (14) | 26.4 | POSITIVE | The high ADX value value for CERS suggests a strong trend. |
CERS Chart- and CandleStick Pattern Analysis
CERS Technicals: Chart, Performance Metrics, Trend & Indicators
1.72
-0.04 (-2.27%)
CERUS CORP / CERS TA FAQ
Can you provide the ChartMill technical rating for CERUS CORP?
ChartMill assigns a technical rating of 0 / 10 to CERS.
Can you provide the trend direction for CERUS CORP?
The current trend direction for CERUS CORP (CERS) is Bearish.
What is the RSI signal for CERUS CORP (CERS) stock?
CERUS CORP (CERS) has an RSI value of 33.871. 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 -0.0267994, indicating a bearish trend.
What is the short term momentum for CERS stock?
The short term momentum for CERUS CORP (CERS) is negative.