Technical Analysis for CERS - Cerus Corporation

Grade Last Price % Change Price Change
D 1.72 -2.27% -0.04
CERS closed down 2.27 percent on Monday, July 1, 2024, on 72 percent of normal volume. It ran into resistance at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Flat

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
MACD Bullish Signal Line Cross Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
Outside Day Range Expansion 0.00%
Gapped Down Weakness 0.00%
20 DMA Resistance Bearish -2.27%
Pocket Pivot Bullish Swing Setup -2.27%

   Recent Intraday Alerts

Alert Time
Up 2% about 4 hours ago
Outside Day about 4 hours ago
Fell Below Previous Day's Low about 4 hours ago
60 Minute Opening Range Breakdown about 7 hours ago
Rose Above 50 DMA about 8 hours ago

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Profile

Cerus Corporation Description

Cerus Corporation, together with its subsidiary, Cerus Europe B.V., operates as a biomedical products company that focuses on developing and commercializing the INTERCEPT Blood System to enhance blood safety. The company's INTERCEPT Blood System is based on its proprietary technology for controlling biological replication and is designed to target and inactivate blood-borne pathogens, such as viruses, bacteria, and parasites, as well as potentially harmful white blood cells, while preserving the therapeutic properties of platelet, plasma, and red blood cell transfusion products. Its INTERCEPT Blood System for platelets is designed to inactivate blood-borne pathogens in platelets donated for transfusion; and INTERCEPT Blood System for plasma is designed to inactivate blood-borne pathogens in plasma donated for transfusion. The company is also developing INTERCEPT Blood System for red blood cells, which is designed to inactivate blood-borne pathogens in red blood cells donated for transfusion. It markets its platelet and plasma systems through its direct sales force and distributors primarily in Europe, the Commonwealth of Independent States, and the Middle East. The company has collaboration agreements with Baxter International, Inc. for the development and commercialization of the INTERCEPT Blood System. Cerus Corporation was founded in 1991 and is headquartered in Concord, California.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Coronavirus Hematology Medical Products Viruses Blood Transfusion Medicine Blood Cells Platelet Red Blood Cell Coagulation System Blood Products Blood Transfusion Fusion Products Whole Blood

Is CERS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.08
52 Week Low 1.21
Average Volume 917,988
200-Day Moving Average 1.81
50-Day Moving Average 1.79
20-Day Moving Average 1.76
10-Day Moving Average 1.72
Average True Range 0.09
RSI (14) 45.95
ADX 9.83
+DI 22.45
-DI 18.38
Chandelier Exit (Long, 3 ATRs) 1.64
Chandelier Exit (Short, 3 ATRs) 1.89
Upper Bollinger Bands 1.89
Lower Bollinger Band 1.63
Percent B (%b) 0.35
BandWidth 14.63
MACD Line -0.03
MACD Signal Line -0.03
MACD Histogram 0.0001
Fundamentals Value
Market Cap 311.66 Million
Num Shares 181 Million
EPS -0.27
Price-to-Earnings (P/E) Ratio -6.37
Price-to-Sales 2.78
Price-to-Book 8.88
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.86
Resistance 3 (R3) 1.87 1.83 1.83
Resistance 2 (R2) 1.83 1.80 1.83 1.82
Resistance 1 (R1) 1.78 1.78 1.77 1.77 1.82
Pivot Point 1.74 1.74 1.74 1.74 1.74
Support 1 (S1) 1.69 1.71 1.68 1.68 1.62
Support 2 (S2) 1.65 1.69 1.65 1.62
Support 3 (S3) 1.60 1.65 1.61
Support 4 (S4) 1.59