Trading Signals: CHRS Stock Price Prediction and Forecast

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Tue. Feb. 28, 2017

Trading Signals: CHRS Stock Price Prediction and Forecast (Mon. Aug. 10, 2015 - Tue. Oct. 10, 2023)

(Coherus BioSciences Inc)
CHRS latest price $23.6000 (3.06%) ($22.4500 - $23.8500) on Tue. Feb. 28, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.45% (three month average)
RSI   29
Latest Price   $23.6000(3.06%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CHRS advances 0.8% a day on average for past five trading days.
Weekly Trend   CHRS declines -3.4% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support CHRS advance at 0% a week (0% probability)
XBI(45%)    IBB(44%)    IWO(44%)    IWC(42%)    IWM(42%)
Factors Impacting CHRS price   CHRS will decline at least -1.225% in a week (0% probabilities).
VIXM(-11%)    UUP(-7%)    TLT(-2%)    SHY(-2%)    IPO(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.225% (StdDev 2.45%)
Hourly BBV 0 ()
Intraday Trend 3.3%

1 - 5 Day Possible Target   $6.38(-72.97%)
Resistance Level   $23.99
5 Day Moving Average   $22.32(5.73%)
10 Day Moving Average   $22.56(4.61%)
20 Day Moving Average   $23.99(-1.63%)
To recent high   -18.8%
To recent low   9%
Market Cap   $1.684b

Coherus BioSciences, Inc. is a commercial-stage clinical biologics platform company, which engages in the development and commercialization of biosimilar therapeutics. Its clinical products include pegfilgrastim biosimilar, adalimumab biosimilar, etanercept biosimilar, ranibizumab biosimilar, and aflibercept biosimilar. The company was founded by Dennis M. Lanfear, Stuart E. Builder, Dr. Alan Herman, Doug Farrar and Steve Glover in September 2010 and is headquartered in Redwood City, CA.

$. CHRS price fluctuates within 8.71% (three month std-dev: 2.45%) daily (68% of days).

Sample size 4 Average positive next day return: 2.51%(50%) Average negative next day return: -2.7%(50%) Sample size 4 Average positive next three day return: 0%(0%) Average negative next three day return: -3.52%(100%) Sample size 4 Average positive next weekly return: 0%(0%) Average negative next weekly return: -8.36%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170328

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Feb_28_2017	27.12	23.99	22.56	22.32	22.18	22.74	23.6(3.06%)	N/A	N/A	0	0.6	1	160	26	-73	1.05	39%	-0.22	-58.3	2.45%	0	-0.2	29	0
2	Feb_27_2017	27.18	24.19	22.48	22.14	21.93	21.95	22.9(5.29%)	DP	OpenShort	-65	0.3	-27	-20	8	-130	0.46	34%	-0.15	-53.9	2.42%	0	-0.6	22	0
3	Feb_24_2017	27.22	24.42	22.51	22.06	22.04	21.62	21.75(0.46%)	DP	OpenShort	-75	-0.1	-63	-140	-20	-191	0.24	24%	-0.15	-50.1	2.31%	0	-1.1	8	0
4	Feb_23_2017	27.26	24.71	22.69	22.31	22.33	21.91	21.65(-0.23%)	DT	HoldShort	-65	-0.3	-72	-130	-25	-211	0.67	24%	-0.15	-45.6	2.33%	0	-1.3	11	0
5	Feb_22_2017	27.3	25.02	22.89	22.54	22.64	22.47	21.7(-4.41%)	DT	HoldShort	-65	-0.4	-71	-40	-18	-229	0.42	24%	-0.15	-40.1	2.33%	0	-1.4	10	0

6	Feb_21_2017	27.34	25.27	23.36	22.81	22.81	22.75	22.7(0.89%)	DP	OpenShort	-75	-0.1	-59	-20	-4	-224	0.7	28%	-0.07	-37.2	2.29%	0	-1.2	11	0
7	Feb_17_2017	27.36	25.46	23.76	22.87	22.86	22.81	22.5(-2.17%)	DT	HoldShort	-65	-0.2	-64	-20	-8	-233	0.41	28%	-0.15	-41.2	2.28%	0	-1.5	8	0
8	Feb_16_2017	27.4	25.65	24.21	23.02	22.95	22.87	23(0.88%)	DP	OpenShort	-75	-0	-63	-30	-7	-231	0.42	28%	-0.22	-44.2	2.27%	0	-1.4	12	0
9	Feb_15_2017	27.46	25.82	24.6	23.13	23.07	22.91	22.8(-1.08%)	DT	HoldShort	-65	-0.2	-66	-60	-11	-230	0.46	28%	-0.29	-48.2	2.29%	0	-1.7	12	0
10	Feb_14_2017	27.54	25.97	25.04	23.29	23.22	23.04	23.05(0.22%)	DP	OpenShort	-75	-0.1	-84	-60	-33	-235	0.45	28%	-0.25	-56.3	2.3%	0	-1.7	12	0

11	Feb_13_2017	27.61	26.1	25.52	24.01	23.45	23.23	23(-1.08%)	DT	OpenShort	-75	-0.6	-81	-140	-44	-193	0.43	28%	-0.25	-54.7	2.31%	0	-1.9	29	0
12	Feb_10_2017	27.68	26.32	26.03	24.8	24.38	23.41	23.25(-1.27%)	DT	OpenShort	-75	-1.1	-68	-330	-44	-140	0.39	28%	-0.29	-49.2	2.31%	0	-2.1	34	0
13	Feb_9_2017	27.76	26.52	26.5	25.6	25.29	23.66	23.55(-0.21%)	DT	OpenShort	-75	-1.7	-76	-490	-70	-95	0.61	48%	-0.29	-43.6	2.35%	0	-2.4	37	0
14	Feb_8_2017	27.84	26.72	26.92	26.29	26.23	25.35	23.6(-11.44%)	DT	OpenShort	-75	-2.6	-51	-240	-55	-38	4.18	43%	-0.29	-42.2	2.82%	0	-3	37	0
15	Feb_7_2017	27.92	26.95	27.37	27.01	27.05	26.92	26.65(-1.11%)	N/A	N/A	0	-0.5	-2	-30	-13	30	0.11	45%	-0.11	-31.4	2.52%	0	-0.4	67	0

16	Feb_6_2017	27.95	27	27.38	27.26	27.21	27.1	26.95(-1.1%)	UD	OpenLong	65	-0.4	6	-30	-9	51	0.15	45%	-0.14	-25.3	2.77%	0	-0.1	72	0
17	Feb_3_2017	27.99	27.05	27.32	27.46	27.46	27.18	27.25(0.93%)	UD	OpenLong	65	-0.3	9	-70	-6	55	0.16	43%	-0.14	-20.2	2.79%	0	0.2	51	0
18	Feb_2_2017	28.03	27.08	27.21	27.56	27.54	27.32	27(-0.74%)	UD	OpenLong	65	-0.7	4	-60	-11	50	0.22	47%	-0.11	-19.5	2.89%	0	-0.1	51	0
19	Feb_1_2017	28.06	27.17	27.13	27.67	27.54	27.74	27.2(-2.51%)	UD	OpenLong	65	-0.5	10	20	-3	50	0.28	47%	-0.11	-9.1	2.95%	0	0	50	0
20	Jan_31_2017	28.09	27.2	26.97	27.78	27.67	27.76	27.9(-0.18%)	UD	OpenLong	75	0.1	20	10	12	45	0.53	44%	-0.14	-6.2	2.94%	0	0.7	48	0

21	Jan_30_2017	28.13	27.2	26.71	27.5	27.48	27.59	27.95(0.72%)	UT	OpenLong	75	0.5	13	30	12	16	0.37	44%	-0.04	-13.5	3%	0	0.7	51	0
22	Jan_27_2017	28.14	27.21	26.61	27.15	27.16	27.58	27.75(0.73%)	RB	SmallLong	20	0.6	12	110	16	-2	0.32	44%	-0.11	-21.7	3.01%	0	0.5	47	0
23	Jan_26_2017	28.17	27.24	26.51	26.81	26.76	27.38	27.55(-0.72%)	N/A	N/A	0	0.7	11	160	21	-21	0.28	44%	-0.11	-27.8	3.01%	0	0.3	45	0
24	Jan_25_2017	28.2	27.26	26.51	26.52	26.43	26.75	27.75(4.72%)	N/A	N/A	0	1.2	8	70	25	-44	0.25	44%	-0.11	-33.9	3.03%	0	0.5	39	0
25	Jan_24_2017	28.23	27.27	26.46	26.06	26.06	26.14	26.5(1.15%)	DP	OpenShort	-65	0.4	-10	20	10	-70	0.42	39%		-47	2.97%	0	-0.7	40	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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