Technical Analysis for ERAS - Erasca, Inc

Grade Last Price % Change Price Change
C 2.44 3.39% 0.08
ERAS closed up 3.39 percent on Monday, July 1, 2024, on 4.59 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
MACD Bullish Centerline Cross Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Stochastic Reached Overbought Strength 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
20 DMA Support Bullish 3.39%
50 DMA Support Bullish 3.39%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 5 hours ago
2x Volume Pace about 6 hours ago
1.5x Volume Pace about 6 hours ago
3x Volume Pace about 6 hours ago
Down 1% about 6 hours ago

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Profile

Erasca, Inc., a clinical-stage biopharmaceutical company, focuses on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers. Its lead candidates include ERAS-007, an oral inhibitor of ERK1/2 for the treatment of NSCLC, colorectal cancer, and acute myeloid leukemia; and ERAS-601, an oral SHP2 inhibitor for patients with advanced or metastatic solid tumors. The company was incorporated in 2018 and is headquartered in San Diego, California.
Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biopharmaceutical Cancer Acute Myeloid Leukemia Colorectal Cancer Enzymes Tyrosine Kinase Receptors Oncogenes NSCLC Non Small Cell Lung Carcinoma Metastatic Solid Tumors Bemcentinib Ras Gtpase Ptpn11

Is ERAS 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 2.97
52 Week Low 1.51
Average Volume 2,296,157
200-Day Moving Average 2.10
50-Day Moving Average 2.18
20-Day Moving Average 2.27
10-Day Moving Average 2.17
Average True Range 0.16
RSI (14) 60.32
ADX 13.43
+DI 26.72
-DI 20.28
Chandelier Exit (Long, 3 ATRs) 2.21
Chandelier Exit (Short, 3 ATRs) 2.45
Upper Bollinger Bands 2.64
Lower Bollinger Band 1.90
Percent B (%b) 0.73
BandWidth 32.37
MACD Line 0.01
MACD Signal Line -0.01
MACD Histogram 0.019
Fundamentals Value
Market Cap 368.65 Million
Num Shares 151 Million
EPS -1.73
Price-to-Earnings (P/E) Ratio -1.41
Price-to-Sales 0.00
Price-to-Book 0.78
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.64
Resistance 3 (R3) 2.63 2.55 2.61
Resistance 2 (R2) 2.55 2.50 2.56 2.60
Resistance 1 (R1) 2.50 2.47 2.52 2.51 2.59
Pivot Point 2.42 2.42 2.43 2.42 2.42
Support 1 (S1) 2.36 2.36 2.39 2.37 2.29
Support 2 (S2) 2.28 2.33 2.29 2.28
Support 3 (S3) 2.23 2.28 2.27
Support 4 (S4) 2.24