ALERUS FINANCIAL CORP (ALRS) Stock Technical Analysis
NASDAQ:ALRS - Nasdaq - US01446U1034 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ALRS. ALRS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
68% of all other stocks performed better in the past year than ALRS.
ALRS is part of the Financial Services industry. There are 101 other stocks in this industry, of which 65% are performing better than ALRS.
ALRS 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 ALRS has a been trading in the 15.78 - 18.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ALRS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
15.95
22.44
We found 1 important support area.
- A support zone ranging from 16.11 to 16.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 17.40 to 17.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.87 from a trend line in the weekly time frame.
- Resistance @20.26 from a trend line in the daily time frame.
- Resistance @22.22 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
CRS32.46
Mansfield-0.88
10 Day High17.41
10 Day Low15.78
20 Day High18.9
20 Day Low15.78
52 Week High24.41
52 Week Low15.78
Performance
1 Week5.78%
2 Weeks5.59%
1 Month-7.7%
3 Month-12.3%
6 Month-25.11%
12 Month-14.33%
2 Year20.85%
3 Year-31.94%
5 Year2.29%
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)0.12
RSI(14)47.63
LBB15.63
UBB17.95
17.39
+0.65 (+3.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg3.88%
1 Week5.78%
2 Weeks5.59%
1 Month-7.7%
3 Month-12.3%
6 Month-25.11%
12 Month-14.33%
2 Year20.85%
3 Year-31.94%
5 Year2.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%4.03%
ATR Inc-19.49%
Range Today0.8
ADR(20)0.65
ADR(20)%3.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.46
Mansfield-0.88
10 Day High17.41
10 Day Low15.78
20 Day High18.9
20 Day Low15.78
52 Week High24.41
52 Week Low15.78
CS1 End16.11
CR1 Start17.4
Volume & EV
DER(3)-2.35%
DER(5)-0.89%
Volume68.20K
Volume Incr-27.58%
Vol(5)59.20K
Vol(50)68.84K