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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Alerus Financial Corporation (NASDAQ:ALRS)

Sidelines Mode (-55) - ALRS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ALRS?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALRS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ALRS
Open High Low ALRS Price Change
20.7300 21.3261 20.7300 21.0000 +0.0200
Entry Signal

MarketClub’s Trade Triangles for ALRS

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 20.26

intermediate term down The intermediate-term trend has been DOWN since Feb 29th, 2024 at 21.26

short term up The short-term trend has been UP since Apr 17th, 2024 at 20.23

Smart Scan Analysis for ALRS

Based on our trend formula, ALRS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ALRS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.7300 21.3261 20.7300 21.0000 +0.0200
Prev. Close Volume Bid Ask Time
20.9800 19755 2024-04-24 15:59:50
Year High26.5Year High Date2018-05-16
Year Low20.6Year Low Date2018-01-03
52wk High25.8552wk High Date2024-01-30
52wk Low13.1152wk Low Date2023-05-04
Year End Close31Average Volume28,369
Shares Outstanding19,738Assets390,771,300M
Liabilities353,858,600MP/E Ratio36.1724
Beta0.33Volatility24.52
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