Trading Signals: CHRS Stock Price Prediction and Forecast

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Mon. Apr. 17, 2017

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

(Coherus BioSciences Inc)
CHRS latest price $19.7000 (1.81%) ($19.2000 - $19.8000) on Mon. Apr. 17, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.7% (three month average)
RSI   32
Latest Price   $19.7000(1.81%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CHRS advances 0.2% a day on average for past five trading days.
Weekly Trend   CHRS declines -4.1% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally 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 -1.35% 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   -1.35% (StdDev 2.7%)
Hourly BBV 0 ()
Intraday Trend 2.1%

1 - 5 Day Possible Target   $7.2(-63.45%)
Resistance Level   $20.47
5 Day Moving Average   $19.22(2.5%)
10 Day Moving Average   $19.41(1.49%)
20 Day Moving Average   $20.47(-3.76%)
To recent high   -29.5%
To recent low   4.8%
Market Cap   $1.406b

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 6.5% (three month std-dev: 2.7%) daily (68% of days).

Sample size 12 Average positive next day return: 3.7%(42%) Average negative next day return: -1.32%(58%) Sample size 12 Average positive next three day return: 4.51%(58%) Average negative next three day return: -2.99%(42%) Sample size 12 Average positive next weekly return: 6.24%(58%) Average negative next weekly return: -3.87%(42%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170517

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	Apr_17_2017	24.89	20.47	19.41	19.22	19.14	19.26	19.7(1.81%)	DP	OpenShort	-65	0.4	-17	30	7	-89	0.39	35%	-0.32	-66.2	2.7%	0	-0.6	32	INF
2	Apr_13_2017	24.97	20.64	19.54	19.19	19.16	18.95	19.35(2.65%)	DP	OpenShort	-75	0.1	-26	-80	-2	-96	0.56	35%	-0.36	-60.4	2.81%	0	-0.9	27	INF
3	Apr_12_2017	25.06	20.83	19.65	19.2	19.24	19.01	18.85(0.27%)	DP	OpenShort	-75	-0.2	-38	-80	-13	-114	0.24	35%	-0.4	-61.7	2.79%	0	-1.3	18	INF
4	Apr_11_2017	25.16	21.01	19.83	19.33	19.39	19.38	18.8(-3.09%)	DT	HoldShort	-65	-0.4	-37	10	-8	-122	0.21	35%	-0.4	-66.9	2.79%	0	-1.5	15	INF
5	Apr_10_2017	25.26	21.19	20.04	19.48	19.5	19.47	19.4(-0.77%)	DT	HoldShort	-65	-0.1	-36	-10	-5	-127	0.34	37%	-0.36	-72.5	2.78%	0	-1.3	20	INF

6	Apr_7_2017	25.35	21.39	20.25	19.63	19.56	19.4	19.55(0.77%)	DP	OpenShort	-75	-0.1	-49	-70	-17	-144	0.55	37%	-0.35	-75	2.77%	0	-1.3	16	INF
7	Apr_6_2017	25.44	21.59	20.44	19.95	19.88	19.53	19.4(-0.51%)	DT	HoldShort	-65	-0.4	-46	-130	-14	-142	0.35	37%	-0.31	-76.9	2.79%	0	-1.6	21	INF
8	Apr_5_2017	25.52	21.79	20.69	20.17	20.2	19.71	19.5(-0.26%)	DT	HoldShort	-65	-0.5	-51	-170	-20	-145	0.41	35%	-0.39	-79.3	2.79%	0	-1.7	22	INF
9	Apr_4_2017	25.62	22.02	20.99	20.41	20.42	20.24	19.55(-2.98%)	DT	OpenShort	-75	-0.6	-48	-60	-20	-132	0.3	38%	-0.35	-79.1	2.81%	0	-1.8	31	INF
10	Apr_3_2017	25.71	22.27	21.28	20.68	20.66	20.7	20.15(-4.73%)	DT	OpenShort	-75	-0.4	-34	10	-8	-112	0.43	39%	-0.27	-74.3	2.85%	0	-1.6	37	INF

11	Mar_31_2017	25.78	22.5	21.62	20.95	20.79	20.59	21.15(3.17%)	DP	OpenShort	-75	0.1	-28	-90	-5	-98	0.34	42%	-0.27	-61.6	2.8%	0	-1	34	INF
12	Mar_30_2017	25.85	22.71	21.82	21.03	20.95	20.62	20.5(-0.97%)	DT	OpenShort	-75	-0.4	-40	-120	-19	-103	0.66	39%	-0.27	-48.5	2.78%	0	-1.6	28	INF
13	Mar_29_2017	25.92	22.93	22.1	21.3	21.27	20.99	20.7(-0.96%)	DT	OpenShort	-75	-0.5	-39	-100	-21	-93	0.32	39%	-0.15	-35.5	2.78%	0	-1.7	29	INF
14	Mar_28_2017	25.96	23.14	22.29	21.67	21.61	21.28	20.9(-2.79%)	DT	OpenShort	-75	-0.6	-35	-120	-18	-86	0.38	39%	-0.19	-19.4	2.78%	0	-1.8	27	INF
15	Mar_27_2017	26.01	23.29	22.44	21.96	21.92	21.55	21.5(-0.23%)	DT	OpenShort	-75	-0.4	-43	-120	-26	-94	0.3	41%	-0.27	-10.7	2.79%	0	-1.6	27	INF

16	Mar_24_2017	26.08	23.37	22.63	22.4	22.32	21.95	21.55(-1.37%)	DT	OpenShort	-75	-0.8	-36	-130	-21	-82	0.31	41%	-0.23	1.9	2.79%	0	-1.7	26	INF
17	Mar_23_2017	26.14	23.4	22.83	22.74	22.75	22.29	21.85(-3.1%)	DT	HoldShort	-65	-0.8	-34	-140	-18	-81	0.2	41%	-0.27	5.6	2.81%	0	-1.4	24	INF
18	Mar_22_2017	26.21	23.41	23	23.01	23	22.69	22.55(0.89%)	DP	OpenShort	-75	-0.4	-27	-100	-10	-77	0.36	43%	-0.23	7.9	2.78%	0	-0.8	34	INF
19	Mar_21_2017	26.27	23.38	23.14	23	23.11	23.21	22.35(-5.7%)	DT	HoldShort	-50	-0.6	-20	40	1	-81	0.76	43%	-0.19	2.1	2.78%	0	-0.9	32	INF
20	Mar_20_2017	26.32	23.41	23.35	22.97	22.98	23.31	23.7(1.94%)	DP	OpenShort	-65	0.7	-12	100	10	-76	0.55	47%	-0.19	0	2.69%	0	0.3	52	INF

21	Mar_17_2017	26.37	23.35	23.44	22.92	22.67	23.02	23.25(0.22%)	DP	OpenShort	-65	0.3	-13	80	5	-67	0.69	47%	-0.26	-4.2	2.66%	0	-0.1	55	INF
22	Mar_16_2017	26.44	23.34	23.64	22.96	22.7	22.65	23.2(3.11%)	DP	OpenShort	-65	0.2	-8	-50	2	-37	0.87	47%	-0.23	-5.5	2.68%	0	-0.1	63	INF
23	Mar_15_2017	26.5	23.33	23.8	23.01	22.92	22.31	22.5(1.44%)	DP	OpenShort	-75	-0.5	-21	-200	-22	-18	0.53	44%	-0.34	-7.4	2.66%	0	-0.7	60	INF
24	Mar_14_2017	26.59	23.36	24.04	23.31	23.26	22.74	22.18(-5.42%)	N/A	N/A	0	-1	-21	-160	-35	20	0.96	44%	-0.34	-14.4	2.65%	0	-1.1	58	INF
25	Mar_13_2017	26.68	23.41	24.21	23.77	23.8	23.52	23.45(0%)	UD	OpenLong	65	-0.3	3	-80	-17	64	0.48	48%		-19.5	2.57%	0	0	57	INF
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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