Question 1

What does the Stochastic Oscillator suggest about CHRS's trend?

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 50 of 64 cases where CHRS's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

How did CHRS's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 16, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CHRS as a result. In 82 of 92 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 0%.

Question 3

What does MACD indicator imply for CHRS?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for CHRS turned negative on August 19, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In 46 of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 4

What does a 3-day price advance indicate for CHRS?

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where CHRS advanced for three days, in 195 of 265 cases, the price rose further within the following month. The odds of a continued upward trend are 74%.

Question 5

What does a 3-day decline signify for CHRS's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CHRS declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 6

What does CHRS breaking above its upper Bollinger Band indicate?

Accepted Answer

CHRS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 7

How does the Aroon Indicator reflect on CHRS's trend?

Accepted Answer

The Aroon Indicator for CHRS entered a downward trend on August 19, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

CHRS Stock Coherus BioSciences (CHRS, $1.69) RSI Indicator left the oversold zone on June 07, 2024

CHRS in +13.18% Uptrend, rising for three consecutive days on August 12, 2024

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