Technical Analysis for ERAS - Erasca, Inc

Grade Last Price % Change Price Change
C 2.64 -5.38% -0.15
ERAS closed down 5.38 percent on Wednesday, November 20, 2024, on 38 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
3 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Stochastic Reached Oversold Weakness 0.00%
Oversold Stochastic Weakness 0.00%
20 DMA Resistance Bearish -5.38%
Crossed Above 50 DMA Bullish -5.38%
Inside Day Range Contraction -5.38%
20 DMA Resistance Bearish -3.30%
50 DMA Resistance Bearish -3.30%
Gapped Up Strength -3.30%

   Recent Intraday Alerts

Alert Time
Down 5% about 17 hours ago
Fell Below Previous Day's Low about 18 hours ago
Possible NR7 about 18 hours ago
Possible Inside Day about 18 hours ago
60 Minute Opening Range Breakdown about 21 hours ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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 Ras Gtpase Bemcentinib 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 3.45
52 Week Low 1.51
Average Volume 1,922,373
200-Day Moving Average 2.47
50-Day Moving Average 2.76
20-Day Moving Average 2.83
10-Day Moving Average 2.88
Average True Range 0.20
RSI (14) 43.18
ADX 14.79
+DI 19.10
-DI 20.38
Chandelier Exit (Long, 3 ATRs) 2.69
Chandelier Exit (Short, 3 ATRs) 3.05
Upper Bollinger Bands 3.20
Lower Bollinger Band 2.45
Percent B (%b) 0.25
BandWidth 26.69
MACD Line 0.00
MACD Signal Line 0.04
MACD Histogram -0.0347
Fundamentals Value
Market Cap 398.87 Million
Num Shares 151 Million
EPS -1.73
Price-to-Earnings (P/E) Ratio -1.53
Price-to-Sales 0.00
Price-to-Book 0.78
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.97
Resistance 3 (R3) 2.99 2.91 2.92
Resistance 2 (R2) 2.91 2.82 2.90 2.90
Resistance 1 (R1) 2.77 2.77 2.73 2.75 2.88
Pivot Point 2.69 2.69 2.67 2.68 2.69
Support 1 (S1) 2.55 2.60 2.51 2.53 2.40
Support 2 (S2) 2.47 2.55 2.46 2.38
Support 3 (S3) 2.33 2.47 2.37
Support 4 (S4) 2.31