ERASCA INC (ERAS) Technical Analysis
NASDAQ:ERAS • US29479A1088
Current stock price
ERAS Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ERAS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ERAS is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ERAS did better than 99% of all other stocks. On top of that, ERAS also shows a nice and consistent pattern of rising prices.
- ERAS is part of the Biotechnology industry. There are 519 other stocks in this industry. ERAS outperforms 99% of them.
- ERAS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ERAS is performing more or less in line with the market.
- ERAS has an average volume of 6480570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ERAS has a been trading in the 11.88 - 16.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ERAS Weekly and Daily overview Charts
ERAS Setup Rating and Analysis
Although ERAS 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
ERAS Support and Resistance Analysis
13.48
ERAS 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 | UP | POSITIVE | The long term trend for ERAS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ERAS is up. |
| ChartMill Relative Strength | 99.76 | POSITIVE | ERAS has a high relative strength, it outperformed 99.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ERAS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ERAS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ERAS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.1 | NEUTRAL | The RSI value for ERAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ERAS has a negative trend. |
| Stochastics (14,3) | 51.27 | NEUTRAL | The Stochastics value for ERAS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.11 | HIGH VOLATILITY | The high ATR as a percentage value for ERAS suggests high volalility. |
| Average Directional Index/ADX (14) | 60.2 | POSITIVE | The high ADX value value for ERAS suggests a strong trend. |
ERAS Chart- and CandleStick Pattern Analysis
ERAS Technicals: Chart, Performance Metrics, Trend & Indicators
13.62
-1.03 (-7.03%)
ERASCA INC / ERAS TA FAQ
Can you provide the ChartMill technical rating for ERASCA INC?
ChartMill assigns a technical rating of 10 / 10 to ERAS.
What is the current trend direction of ERASCA INC (ERAS) stock?
The current trend direction for ERASCA INC (ERAS) is Bullish.
What is the RSI signal for ERAS stock?
ERASCA INC (ERAS) has an RSI value of 53.0964. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ERASCA INC?
The MACD indicator for ERASCA INC (ERAS) has a value of -0.20909, indicating a bearish trend.
What is the buy/sell signal for ERASCA INC (ERAS) stock?
The buy/sell signal for ERASCA INC (ERAS) is buy as both the short term and long term trends are positive.