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Stock Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
Cerus Corporation (NASDAQ:CERS)
Bear Market Rally (-75) - CERS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CERS as it may be in the beginning of a reversal.
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 DOWN since Aug 17th, 2023 at 1.76
The intermediate-term trend has been DOWN since Aug 7th, 2023 at 2.24
The short-term trend has been UP since Sep 27th, 2023 at 1.58
Smart Scan Analysis for CERS
Based on our trend formula, CERS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.59 | 1.65 | 1.55 | 1.61 | +0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.62 | 926346 | 2023-09-29 15:59:51 |
| Year High | 8.05 | Year High Date | 2018-08-03 |
| Year Low | 3.38 | Year Low Date | 2018-01-02 |
| 52wk High | 4.25 | 52wk High Date | 2022-12-14 |
| 52wk Low | 1.45 | 52wk Low Date | 2023-09-25 |
| Year End Close | 3.16 | Average Volume | 1,173,534 |
| Shares Outstanding | 180,804 | Short Interest | 5,702,789 |
| % Institutional | 46.6 | Market Cap | 756M |
| Assets | 198,860,000M | Liabilities | 148,044,000M |
| Beta | 1.74 | Volatility | 55.16 |