COHERUS ONCOLOGY INC (CHRS) Stock Technical Analysis
USA - NASDAQ:CHRS - US19249H1032 - Common Stock
We assign a technical rating of 7 out of 10 to CHRS. In the last year, CHRS was one of the better performers, but we do observe some doubts in the very recent evolution.
Although CHRS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.71
We found 1 important support area.
- Support @0.72 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 CHRS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHRS is down. |
| ChartMill Relative Strength | 94.65 | POSITIVE | CHRS has a high relative strength, it outperformed 94.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHRS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CHRS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.91 | NEUTRAL | The RSI value for CHRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CHRS has a negative trend. |
| Stochastics (14,3) | 24.85 | NEUTRAL | The Stochastics value for CHRS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.73 | HIGH VOLATILITY | The high ATR as a percentage value for CHRS suggests high volalility. |
| Average Directional Index/ADX (14) | 26.34 | POSITIVE | The high ADX value value for CHRS suggests a strong trend. |
1.34
-0.15 (-10.07%)
COHERUS ONCOLOGY INC / CHRS FAQ
What is the ChartMill technical rating of COHERUS ONCOLOGY INC (CHRS) stock?
ChartMill assigns a technical rating of 7 / 10 to CHRS.
Can you provide the trend direction for COHERUS ONCOLOGY INC?
The current trend direction for COHERUS ONCOLOGY INC (CHRS) is Bullish.
Can you provide the RSI signal for COHERUS ONCOLOGY INC?
COHERUS ONCOLOGY INC (CHRS) has an RSI value of 33.911. This indicates that the stock is currently neutral.
Can you provide the short term momentum for COHERUS ONCOLOGY INC?
The short term momentum for COHERUS ONCOLOGY INC (CHRS) is negative.
What is the support and resistance level for CHRS stock?
COHERUS ONCOLOGY INC (CHRS) has a support level at 0.72. Check the full technical report for our detailed analysis of CHRS support and resistance levels.