Trading Signals: CHRS Stock Price Prediction and Forecast

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Thu. May. 11, 2017

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

(Coherus BioSciences Inc)
CHRS latest price $22.1500 (3.5%) ($21.0500 - $22.3300) on Thu. May. 11, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.97% (three month average)
RSI   71
Latest Price   $22.1500(3.5%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CHRS advances 2.9% a day on average for past five trading days.
Weekly Trend   CHRS advances 2.9% 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 -1.485% in a week (0% probabilities).
VIXM(-11%)    UUP(-7%)    TLT(-2%)    SHY(-2%)    IGOV(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.485% (StdDev 2.97%)
Hourly BBV 0 ()
Intraday Trend 3.5%

5 Day Moving Average   $20.6(7.52%)
10 Day Moving Average   $20.18(9.76%)
20 Day Moving Average   $19.77(12.04%)
To recent high   -13%
To recent low   20.7%
Market Cap   $1.58b

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 4.4% (three month std-dev: 2.97%) daily (68% of days).

Sample size 15 Average positive next day return: 1.54%(60%) Average negative next day return: -2.21%(40%) Sample size 15 Average positive next three day return: 4.05%(67%) Average negative next three day return: -5.84%(33%) Sample size 15 Average positive next weekly return: 4.06%(60%) Average negative next weekly return: -6.74%(40%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170611

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	May_11_2017	23.37	19.77	20.18	20.6	20.49	21.19	22.15(3.5%)	UT	OpenLong	75	1.8	51	220	43	75	0.68	55%	-0.26	43.6	2.97%	0	2.7	71	0
2	May_10_2017	23.43	19.6	19.93	20.03	19.99	20.1	21.4(10.03%)	UT	OpenLong	75	2	27	30	21	46	0.73	53%	-0.3	27.6	2.96%	0	2.6	65	0
3	May_9_2017	23.5	19.6	19.78	19.66	19.69	19.79	19.45(-3.95%)	UD	OpenLong	65	-0.4	3	40	-7	31	0.81	47%	-0.38	9.6	2.66%	0	-0	58	0
4	May_8_2017	23.59	19.46	19.86	19.78	19.73	19.89	20.25(2.53%)	UT	OpenLong	75	0.8	18	50	5	56	0.53	43%	-0.34	9.6	2.61%	0	1.4	57	0
5	May_5_2017	23.67	19.42	19.74	19.79	19.76	19.58	19.75(2.33%)	UT	OpenLong	75	-0.1	14	-70	4	45	0.32	43%	-0.38	-2.5	2.91%	0	0.6	51	0

6	May_4_2017	23.76	19.4	19.61	19.68	19.78	19.57	19.3(-1.28%)	N/A	N/A	0	-0.7	-2	-60	-11	24	0.37	43%	-0.38	-17.6	2.91%	0	-0.2	51	0
7	May_3_2017	23.85	19.4	19.57	19.8	19.82	19.94	19.55(-2.49%)	UD	OpenLong	65	-0.5	4	50	-6	33	0.2	43%	-0.33	-21.6	2.93%	0	0.3	56	0
8	May_2_2017	23.93	19.41	19.49	19.92	19.91	19.99	20.05(-1.23%)	UD	OpenLong	75	0.2	15	30	5	44	0.25	43%	-0.33	-27.1	2.93%	0	1.2	60	0
9	May_1_2017	24.01	19.4	19.4	19.94	19.87	19.69	20.3(5.73%)	UT	OpenLong	75	0.7	16	-70	6	46	0.35	43%	-0.33	-37.1	2.92%	0	1.7	56	0
10	Apr_28_2017	24.09	19.43	19.33	19.69	19.88	19.83	19.2(-3.52%)	UD	OpenLong	75	-0.8	11	10	4	33	0.43	39%	-0.37	-45.7	2.79%	0	-0.4	48	0

11	Apr_27_2017	24.18	19.49	19.34	19.52	19.7	20.06	19.9(-1.24%)	UD	OpenLong	75	0.6	18	160	15	27	0.19	41%	-0.33	-59	2.78%	0	0.6	54	0
12	Apr_26_2017	24.26	19.52	19.24	19.29	19.3	19.93	20.15(0%)	UT	HoldLong	50	1.2	22	230	26	11	0.37	41%	-0.33	-75.1	2.78%	0	0.9	55	0
13	Apr_25_2017	24.34	19.55	19.1	18.99	18.99	19.33	20.15(5.77%)	N/A	N/A	0	1.5	11	130	21	-18	0.41	44%	-0.37	-90.2	2.78%	0	0.8	54	0
14	Apr_24_2017	24.43	19.6	19	18.81	18.79	18.67	19.05(3.81%)	DP	OpenShort	-75	0.3	-17	-50	-6	-48	0.49	40%	-0.37	-96.6	2.75%	0	-0.6	38	0
15	Apr_21_2017	24.52	19.72	19.05	18.94	18.95	18.65	18.35(-2.13%)	DT	HoldShort	-65	-0.6	-27	-110	-15	-62	0.88	37%	-0.41	-92.1	2.68%	0	-1.4	22	0

16	Apr_20_2017	24.62	19.9	19.16	19.14	19.19	18.91	18.75(0.54%)	DP	OpenShort	-75	-0.4	-21	-90	-8	-58	0.52	37%	-0.32	-90.1	2.7%	0	-1.2	34	0
17	Apr_19_2017	24.7	20.08	19.24	19.16	19.25	19.24	18.65(-3.12%)	DT	OpenShort	-75	-0.5	-21	10	-5	-69	0.21	37%	-0.4	-81.2	2.69%	0	-1.3	32	0
18	Apr_18_2017	24.8	20.26	19.33	19.19	19.21	19.48	19.25(-2.28%)	DP	OpenShort	-65	0.1	-17	100	4	-78	0.36	39%	-0.36	-78	2.7%	0	-0.9	33	0
19	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	0
20	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	0

21	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	0
22	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	0
23	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	0
24	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	0
25	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%		-76.9	2.79%	0	-1.6	21	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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