COHERUS BIOSCIENCES INC (CHRS) Stock Technical Analysis
NASDAQ:CHRS - Nasdaq - US19249H1032 - Common Stock - Currency: USD
Taking everything into account, CHRS scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CHRS was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, CHRS is a bad performer in the overall market: 85% of all stocks are doing better.
CHRS is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month CHRS has a been trading in the 0.72 - 1.16 range, which is quite wide. It is currently trading near the high of this range.
CHRS has an average volume of 1883700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
CHRS is part of the Biotechnology industry. There are 566 other stocks in this industry, CHRS did better than 54% of them.
CHRS 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
0.73
1.74
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.04 to 1.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.99 from a horizontal line in the daily time frame.
- Support @0.79 from a trend line in the weekly time frame.
- A support zone ranging from 0.74 to 0.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- Resistance @1.11 from a trend line in the daily time frame.
- A resistance zone ranging from 1.13 to 1.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.72 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.56
Mansfield-1.52
10 Day High1.16
10 Day Low0.95
20 Day High1.16
20 Day Low0.72
52 Week High2.43
52 Week Low0.66
Performance
1 Week6.8%
2 Weeks-1.79%
1 Month34.69%
3 Month-6.78%
6 Month52.14%
12 Month-51.54%
2 Year-73.11%
3 Year-85.01%
5 Year-94.1%
10 Year-95.52%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)58.63
LBB0.96
UBB1.13
1.1
+0.05 (+4.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.76%
1 Week6.8%
2 Weeks-1.79%
1 Month34.69%
3 Month-6.78%
6 Month52.14%
12 Month-51.54%
2 Year-73.11%
3 Year-85.01%
5 Year-94.1%
10 Year-95.52%
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%8.54%
ATR Inc-31.37%
Range Today0.07
ADR(20)0.09
ADR(20)%8.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.56
Mansfield-1.52
10 Day High1.16
10 Day Low0.95
20 Day High1.16
20 Day Low0.72
52 Week High2.43
52 Week Low0.66
CS1 End1.06
CR1 Start1.11
Volume & EV
DER(3)3.17%
DER(5)2.09%
Volume1.76M
Volume Incr-22.56%
Vol(5)1.46M
Vol(50)1.88M