COHERUS BIOSCIENCES INC (CHRS) Stock Technical Analysis
NASDAQ:CHRS - Nasdaq - US19249H1032 - Common Stock - Currency: USD
Taking everything into account, CHRS scores 0 out of 10 in our technical rating. CHRS 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CHRS is a bad performer in the overall market: 91% of all stocks are doing better.
CHRS 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 CHRS has a been trading in the 1.03 - 1.39 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CHRS has an average volume of 2282750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CHRS is an average performer in the Biotechnology industry, it outperforms 43% of 572 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
CHRS 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. There is very little resistance above the current price. We notice that large players showed an interest for CHRS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.06
1.74
4 important resistance areas can be observed.
- Resistance @1.11 from a trend line in the daily time frame.
- A resistance zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.66 from a trend line in the daily time frame.
- Resistance @1.72 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
CRS9.69
Mansfield-3.64
10 Day High1.21
10 Day Low1.06
20 Day High1.39
20 Day Low1.03
52 Week High2.65
52 Week Low0.66
Performance
1 Week-7.76%
2 Weeks-5.31%
1 Month-16.41%
3 Month-1.83%
6 Month-23.02%
12 Month-58.53%
2 Year-84.19%
3 Year-90.92%
5 Year-94.47%
10 Year-96.61%
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
RSI(14)39.03
LBB1.06
UBB1.2
1.07
-0.03 (-2.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.73%
1 Week-7.76%
2 Weeks-5.31%
1 Month-16.41%
3 Month-1.83%
6 Month-23.02%
12 Month-58.53%
2 Year-84.19%
3 Year-90.92%
5 Year-94.47%
10 Year-96.61%
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%9.98%
ATR Inc-21.64%
Range Today0.07
ADR(20)0.11
ADR(20)%9.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.69
Mansfield-3.64
10 Day High1.21
10 Day Low1.06
20 Day High1.39
20 Day Low1.03
52 Week High2.65
52 Week Low0.66
CS1 EndN/A
CR1 Start1.11
Volume & EV
DER(3)3.63%
DER(5)6.22%
Volume1.56M
Volume Incr-36.08%
Vol(5)1.42M
Vol(50)2.28M