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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Cerus Corporation (NASDAQ:CERS)
Long-Term Uptrend (+90) - CERS is in a strong uptrend that is likely to continue. While CERS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CERS?
MarketClub looks at technical strength and momentum to determine if the timing is right for CERS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CERS
The long-term trend has been UP since Dec 14th, 2023 at 1.96
The intermediate-term trend has been UP since May 3rd, 2024 at 1.97
The short-term trend has been UP since May 9th, 2024 at 1.88
Smart Scan Analysis for CERS
Based on our trend formula, CERS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.860 | 1.895 | 1.860 | 1.860 | -0.020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.880 | 123076 | 2024-05-09 11:42:43 |
| Year High | 8.05 | Year High Date | 2018-08-03 |
| Year Low | 3.38 | Year Low Date | 2018-01-02 |
| 52wk High | 3.08 | 52wk High Date | 2023-07-31 |
| 52wk Low | 1.205 | 52wk Low Date | 2023-10-09 |
| Year End Close | 3.16 | Average Volume | 1,066,278 |
| Shares Outstanding | 184,890 | Short Interest | 5,702,789 |
| % Institutional | 46.6 | Market Cap | 756M |
| Assets | 189,136,000M | Liabilities | 139,766,000M |
| Beta | 1.74 | Volatility | 55.16 |