ERASCA INC (ERAS)
US29479A1088 - Common Stock
Taking everything into account, ERAS scores 5 out of 10 in our technical rating. ERAS has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, ERAS is a bad performer in the overall market: 64% of all stocks are doing better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ERAS is an average performer in the Biotechnology industry, it outperforms 60% of 587 stocks in the same industry.
ERAS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ERAS is lagging the market.
In the last month ERAS has a been trading in the 1.74 - 2.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ERAS has an average technical rating and it also 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
1.65
2.51
3 important support areas can be observed.
- A support zone ranging from 1.99 to 2.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.82 from a trend line in the daily time frame.
- A support zone ranging from 1.67 to 1.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 2.14 to 2.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.26 from a trend line in the weekly time frame.
- Resistance @2.30 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.44 to 2.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.49 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
CRS36.99
Mansfield-1.69
10 Day High2.23
10 Day Low1.79
20 Day High2.44
20 Day Low1.74
52 Week High3.38
52 Week Low1.51
Performance
1 Week13.23%
2 Weeks19.55%
1 Month1.9%
3 Month25.88%
6 Month-11.57%
12 Month-26.71%
2 Year-60.52%
3 YearN/A
5 YearN/A
10 YearN/A
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)0.03
RSI(14)57.04
LBB1.71
UBB2.18
ERASCA INC
NASDAQ:ERAS (5/6/2024, 9:31:50 AM)
2.135
-0.01 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.23%
1 Week13.23%
2 Weeks19.55%
1 Month1.9%
3 Month25.88%
6 Month-11.57%
12 Month-26.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.12
ATR(20)%6.22%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.23
10 Day Low1.79
20 Day High2.44
20 Day Low1.74
52 Week High3.38
52 Week Low1.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume54.44K
Volume Incr-27.57%
Vol(5)502.32K
Vol(50)825.85K