CHRS Stock Coherus BioSciences (CHRS, $1.67) Aroon Indicator entered a Downtrend on June 21, 2024.

A.I.dvisor
at Tickeron.com
06/22/24
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CHRS - Coherus BioSciences
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $1.67
Daily change: +$0.05 (+3.09%)
Daily volume: 1.3M
Capitalization: $191.6M
Industry: Biotechnology
For the last three days, A.I.dvisor has detected that CHRS's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for CHRS, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 275 similar cases, of which were successful. Based on this data, the odds of success are
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General Information

a maker of biologic therapeutics for oncology and inflammatory diseases

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Biotechnology
Address
333 Twin Dolphin Drive
Phone
+1 650 649-3530
Employees
306
Web
https://www.coherus.com