ALERUS FINANCIAL CORP (ALRS) Stock Technical Analysis
NASDAQ:ALRS - Nasdaq - US01446U1034 - Common Stock
Taking everything into account, ALRS scores 1 out of 10 in our technical rating. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
83% of all other stocks performed better in the past year than ALRS.
ALRS is one of the lesser performing stocks in the Financial Services industry. 77% of 101 stocks in the same industry do better.
ALRS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ALRS has a been trading in the 17.99 - 20.87 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ALRS is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
17.65
20.74
3 important support areas can be observed.
- Support @18.73 from a horizontal line in the daily time frame.
- A support zone ranging from 18.23 to 18.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.83 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.30 to 20.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.55
Mansfield-1.23
10 Day High20.53
10 Day Low17.99
20 Day High20.87
20 Day Low17.99
52 Week High25.85
52 Week Low17.99
Performance
1 Week8.5%
2 Weeks5.51%
1 Month0.32%
3 Month-12.62%
6 Month-8.15%
12 Month-13.36%
2 Year-1.41%
3 Year-28.39%
5 Year-3.84%
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)0.2
RSI(14)55.21
LBB18.37
UBB20.03
ALERUS FINANCIAL CORP
NASDAQ:ALRS (1/22/2025, 10:25:05 AM)
20.21
-0.08 (-0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.39%
1 Week8.5%
2 Weeks5.51%
1 Month0.32%
3 Month-12.62%
6 Month-8.15%
12 Month-13.36%
2 Year-1.41%
3 Year-28.39%
5 Year-3.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%3.03%
ATR Inc21.55%
Range Today0.13
ADR(20)0.56
ADR(20)%2.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.55
Mansfield-1.23
10 Day High20.53
10 Day Low17.99
20 Day High20.87
20 Day Low17.99
52 Week High25.85
52 Week Low17.99
CS1 End18.73
CR1 Start20.3
Volume & EV
DER(3)-0.6%
DER(5)-0.03%
Volume7.93K
Volume Incr52.7%
Vol(5)134.92K
Vol(50)88.85K