ALERUS FINANCIAL CORP (ALRS) Stock Technical Analysis
NASDAQ:ALRS - Nasdaq - US01446U1034 - Common Stock - Currency: USD
Overall ALRS gets a technical rating of 2 out of 10. 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.
72% 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 64% are performing better than ALRS.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ALRS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALRS is lagging the market.
In the last month ALRS has a been trading in the 19.62 - 22.00 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. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.65
22.44
We found 3 important support areas.
- A support zone ranging from 18.73 to 18.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
We found 1 important resistance area.
- A resistance zone ranging from 21.24 to 22.22. 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
CRS28.02
Mansfield-0.86
10 Day High22
10 Day Low20.6
20 Day High22
20 Day Low19.62
52 Week High24.41
52 Week Low17.99
Performance
1 Week-3.96%
2 Weeks-5.89%
1 Month3.51%
3 Month-6.69%
6 Month-8.23%
12 Month-5.06%
2 Year3.15%
3 Year-28.24%
5 Year0.83%
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)-0.09
RSI(14)44.99
LBB20.86
UBB22.16
20.63
-0.65 (-3.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-3.05%
1 Week-3.96%
2 Weeks-5.89%
1 Month3.51%
3 Month-6.69%
6 Month-8.23%
12 Month-5.06%
2 Year3.15%
3 Year-28.24%
5 Year0.83%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%3.32%
ATR Inc8.97%
Range Today1
ADR(20)0.64
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.02
Mansfield-0.86
10 Day High22
10 Day Low20.6
20 Day High22
20 Day Low19.62
52 Week High24.41
52 Week Low17.99
CS1 End18.81
CR1 Start21.24
Volume & EV
DER(3)-0.2%
DER(5)-0.49%
Volume138.40K
Volume Incr2.87%
Vol(5)83.74K
Vol(50)88.54K