Trading Signals: CHRS Stock Price Prediction and Forecast

^ CHRS: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Jan. 4, 2023

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

(Coherus BioSciences Inc)
CHRS latest price $9.8400 (15.97%) ($9.8400 - $9.8400) on Wed. Jan. 4, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.59% (three month average)
RSI   66
Latest Price   $9.8400(15.97%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CHRS advances 11.7% a day on average for past five trading days.
Weekly Trend   CHRS advances 5.4% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support CHRS advance at 0% a week (0% probability)
IBB(32%)    IWD(30%)    SDY(30%)    IBUY(29%)    IVE(29%)
Factors Impacting CHRS price   CHRS will decline at least -2.795% in a week (0% probabilities).
VIXM(-11%)    UNG(-7%)    IGOV(-7%)    VXX(-6%)    TBT(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility

Market Trend Strength   -2.795% (StdDev 5.59%)
Hourly BBV 1.3 ()
Intraday Trend 0%

5 Day Moving Average   $7.95(23.77%)
10 Day Moving Average   $7.4(32.97%)
20 Day Moving Average   $7.27(35.35%)
To recent high   -1.6%
To recent low   71.9%
Market Cap   $702m

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 11.55% (three month std-dev: 5.59%) daily (68% of days).

Sample size 13 Average positive next day return: 6.06%(62%) Average negative next day return: -5.88%(38%) Sample size 13 Average positive next three day return: 12.53%(46%) Average negative next three day return: -9.08%(54%) Sample size 13 Average positive next weekly return: 12.92%(54%) Average negative next weekly return: -13.34%(46%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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	Jan_4_2023	8.73	7.27	7.4	7.95	8.24	9.16	9.84(15.97%)	UT	OpenLong	75	2.3	61	890	55	80	3.23	53%	-0.46	39.3	5.59%	1.3	3.1	66	-0.9
2	Jan_3_2023	8.77	7.1	7.1	7.12	7.34	8.19	8.49(7.41%)	N/A	N/A	0	2.3	26	900	35	-3	1.3	48%	-1.24	17.7	5.29%	1.2	2.4	59	-0.1
3	Dec_30_2022	8.88	7.01	6.97	6.72	6.65	7.32	7.9(8.52%)	N/A	N/A	0	2.5	2	670	16	-42	1.56	45%	-0.56	1.8	5.22%	1.6	1.9	59	1
4	Dec_29_2022	8.93	6.95	6.89	6.62	6.29	6.48	7.28(16.85%)	DP	OpenShort	-65	1.5	-9	60	5	-51	1.95	40%	-0.56	-3.6	5.13%	0	0.8	57	-57.9
5	Dec_28_2022	8.98	6.93	6.9	6.6	6.45	5.98	6.23(8.82%)	DP	OpenShort	-75	-0.8	-23	-580	-13	-53	1.14	32%	-0.55	-0.9	4.68%	0.2	-1.6	49	1.3

6	Dec_27_2022	9.03	6.95	7.02	6.77	6.69	6.09	5.73(-11.31%)	DT	OpenShort	-75	-2.5	-29	-660	-28	-33	3.03	26%	-0.99	10.1	4.58%	-1.1	-2.9	39	1.2
7	Dec_23_2022	9.12	7	7.2	7.04	7.04	6.92	6.46(-12.65%)	N/A	N/A	0	-1.7	-10	-120	-17	10	3.3	29%	-0.44	30.2	4.37%	-1.4	-1.6	49	1.3
8	Dec_22_2022	9.16	7.01	7.27	7.22	7.04	7.3	7.39(2.57%)	UT	OpenLong	75	0.5	13	100	3	42	0.7	34%	-0.33	45.4	4.12%	1.9	1.2	60	1.8
9	Dec_21_2022	9.19	6.96	7.22	7.2	7.18	7.15	7.21(1.55%)	UD	OpenLong	65	0	8	-40	-4	42	1.1	34%	-0.33	34.6	4.11%	0.7	0.8	63	1.6
10	Dec_20_2022	9.22	6.93	7.17	7.27	7.22	7.07	7.1(0.71%)	UD	OpenLong	65	-0.5	7	-170	-6	45	0.6	34%	-0.22	19.5	4.1%	-0.1	0.5	56	1

11	Dec_19_2022	9.24	6.91	7.14	7.32	7.3	7.21	7.05(-4.34%)	UD	OpenLong	65	-0.8	8	-90	-8	57	0.74	34%	-0.11	5.4	4.11%	-0.9	0.4	61	1.8
12	Dec_16_2022	9.25	6.89	7.12	7.4	7.39	7.37	7.37(0.75%)	UT	OpenLong	75	-0.1	23	-20	4	80	0.95	33%	-0.11	-2.3	4.08%	-0.4	1.5	70	0.6
13	Dec_15_2022	9.26	6.89	7.07	7.33	7.4	7.37	7.31(-2.66%)	UD	OpenLong	75	-0.1	26	30	7	81	0.63	33%	-0.11	-24.6	4.15%	-1.1	1.5	65	-0.8
14	Dec_14_2022	9.27	6.86	7.01	7.23	7.31	7.37	7.51(1.9%)	UT	OpenLong	75	0.9	29	120	13	75	0.88	33%	0	-26.8	4.18%	0.9	2	68	-0.4
15	Dec_13_2022	9.27	6.87	6.94	7.06	7.16	7.4	7.37(-0.67%)	UD	OpenLong	75	0.8	24	280	11	61	0.74	30%	0	-36.3	4.22%	1.1	1.3	67	-0.4

16	Dec_12_2022	9.27	6.89	6.86	6.94	6.98	7.23	7.42(5.77%)	UT	OpenLong	75	1.1	22	270	13	48	0.63	30%	0	-37.2	4.32%	2.3	1.2	66	-1.9
17	Dec_9_2022	9.27	6.9	6.76	6.81	6.83	6.93	7.02(2.78%)	UT	OpenLong	75	0.5	9	110	4	23	0.61	26%	0	-43.3	4.24%	1.5	0.3	55	-0.8
18	Dec_8_2022	9.27	6.9	6.71	6.79	6.75	6.74	6.83(2.55%)	UT	OpenLong	75	0.1	6	-30	2	18	0.5	26%	-0.11	-43.1	4.23%	1.9	-0.2	53	-0.1
19	Dec_7_2022	9.28	6.94	6.69	6.76	6.78	6.73	6.66(-2.06%)	DT	OpenShort	-75	-0.2	-4	-40	-4	-2	0.47	31%	-0.11	-58.6	4.22%	-0.6	-0.6	36	-0.5
20	Dec_6_2022	9.29	7.01	6.68	6.81	6.79	6.77	6.8(0.89%)	DP	OpenShort	-65	-0	-4	-30	2	-21	0.65	31%	-0.11	-57.1	4.34%	0	-0.4	30	-0.2

21	Dec_5_2022	9.3	7.06	6.68	6.76	6.81	6.84	6.74(-2.95%)	DP	OpenShort	-65	-0	-9	50	5	-50	0.52	31%	-0.11	-63.7	4.34%	-0.5	-0.6	28	0.5
22	Dec_2_2022	9.31	7.11	6.66	6.7	6.75	6.81	6.94(3.97%)	DP	OpenShort	-65	0.4	-13	80	7	-74	0.5	29%	-0.21	-72.7	4.36%	1.4	-0.3	35	0.6
23	Dec_1_2022	9.33	7.16	6.63	6.62	6.62	6.78	6.68(-2.98%)	DP	OpenShort	-65	0.1	-24	170	2	-103	0.43	29%	-0.11	-76.2	4.41%	0.4	-0.8	29	0.8
24	Nov_30_2022	9.34	7.25	6.69	6.6	6.59	6.7	6.88(4.72%)	DP	OpenShort	-65	0.4	-19	110	8	-98	0.42	29%	-0.21	-70.6	4.37%	2.7	-0.6	51	0.9
25	Nov_29_2022	9.36	7.34	6.78	6.53	6.52	6.47	6.57(2.26%)	DP	OpenShort	-75	0.1	-29	-60	-1	-112	0.48	26%		-65.9	4.32%	0.8	-1	34	1.4
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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