Trading Signals: CHRS Stock Price Prediction and Forecast

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

Fri. Jul. 14, 2023

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

(Coherus BioSciences Inc)
CHRS latest price $4.0500 (-5.37%) ($4.0050 - $4.0500) on Fri. Jul. 14, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.4% (three month average)
RSI   56
Latest Price   $4.0500(-5.37%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CHRS declines -3.2% a day on average for past five trading days.
Weekly Trend   CHRS advances 6.3% a week on average for past two weeks.
Market Behavior   Rotation from value to growth for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support CHRS advance at 0% a week (0% probability)
FXI(44%)    IWC(42%)    MCHI(42%)    KWEB(41%)    VWO(38%)
Factors Impacting CHRS price   CHRS will decline at least -3.2% in a week (0% probabilities).
VIXM(-31%)    VXX(-24%)    EDOC(-24%)    UUP(-14%)    XLU(-3%)

Relative Volatility

Market Trend Strength   -3.2% (StdDev 6.4%)
Hourly BBV -1.6 ()
Intraday Trend 0%

Resistance Level   $4.33
5 Day Moving Average   $4.55(-10.99%)
10 Day Moving Average   $4.55(-10.99%)
20 Day Moving Average   $4.33(-6.47%)
To recent high   -50.8%
To recent low   6.7%
Market Cap   $289m

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 9.01% (three month std-dev: 6.4%) daily (68% of days).

Sample size 3 Average positive next day return: 5.62%(67%) Average negative next day return: -1.55%(33%) Sample size 3 Average positive next three day return: 8.27%(67%) Average negative next three day return: -10.75%(33%) Sample size 3 Average positive next weekly return: 7.21%(67%) Average negative next weekly return: -5.31%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230814

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	Jul_14_2023	5.94	4.33	4.55	4.55	4.38	4.16	4.05(-5.37%)	UD	OpenLong	65	-1.3	4	-460	-13	54	4.48	37%	-0.5	-44.6	6.4%	-1.6	-0.7	56	1.2
2	Jul_13_2023	5.97	4.39	4.57	4.7	4.67	4.37	4.28(-4.36%)	UD	OpenLong	65	-0.9	16	-470	-8	86	3.57	39%	-0.5	-30.3	6.38%	-1.7	-0.2	64	1
3	Jul_12_2023	6	4.44	4.56	4.78	4.81	4.6	4.48(-5.19%)	UD	OpenLong	65	-0.6	23	-290	-4	104	3.19	39%	-0.5	-22.2	6.4%	-1.3	0.1	64	1.1
4	Jul_11_2023	6.03	4.48	4.5	4.8	4.86	4.96	4.72(-9.32%)	UD	OpenLong	75	-0.1	32	180	4	115	3.2	39%	-0.17	-16.6	6.38%	-1	0.4	71	-0.3
5	Jul_10_2023	6.04	4.48	4.41	4.74	4.82	5.02	5.21(7.88%)	UT	OpenLong	75	0.8	39	340	16	109	3.26	41%	-0.49	-11.9	6.28%	1.7	1.2	70	-0.5

6	Jul_7_2023	6.07	4.51	4.28	4.55	4.62	4.75	4.83(3.21%)	UT	OpenLong	75	0.5	21	240	10	52	2.23	38%	-0.49	-10.3	6.2%	1.3	0.5	41	-0.3
7	Jul_6_2023	6.1	4.53	4.17	4.43	4.49	4.63	4.68(1.96%)	UT	OpenLong	75	0.4	9	260	11	4	2.42	38%	-0.49	-6.4	6.24%	1.4	0.2	40	-0.6
8	Jul_5_2023	6.13	4.56	4.09	4.3	4.36	4.5	4.59(3.97%)	DP	OpenShort	-65	0.4	-1	270	13	-41	7.3	38%	-0.81	-3.9	6.23%	1.2	0	37	0.9
9	Jul_3_2023	6.18	4.57	4.01	4.15	4.23	4.34	4.41(3.28%)	DP	OpenShort	-65	0.4	-15	240	11	-91	2.39	41%	-0.64	-6	6.17%	0	-0.2	35	1.2
10	Jun_30_2023	6.22	4.58	3.98	4.03	4.08	4.23	4.27(1.91%)	DP	OpenShort	-65	0.4	-27	290	7	-128	1.59	44%	-0.64	-9.9	6.27%	1.1	-0.5	31	1

11	Jun_29_2023	6.26	4.58	4.08	3.96	3.96	4.13	4.19(3.2%)	DP	OpenShort	-65	0.3	-28	300	8	-135	1.75	44%	-0.48	-14.6	6.26%	1.4	-0.6	30	1
12	Jun_28_2023	6.29	4.57	4.18	3.88	3.89	3.93	4.06(6.28%)	DP	OpenShort	-65	0.3	-34	80	3	-145	2.5	46%	-0.79	-20.5	6.25%	1.8	-0.7	26	1.2
13	Jun_27_2023	6.34	4.58	4.3	3.88	3.83	3.79	3.82(0.53%)	DP	OpenShort	-75	-0.1	-37	-100	-1	-145	2.24	44%	-0.78	-24	6.28%	0.1	-1.1	24	1.1
14	Jun_26_2023	6.39	4.62	4.45	3.86	3.86	3.86	3.8(-3.43%)	DT	OpenShort	-75	-0.1	-39	0	-5	-140	3.16	44%	-0.78	-25.3	6.28%	0.2	-1.2	32	1
15	Jun_23_2023	6.44	4.65	4.61	3.92	3.87	3.87	3.94(3.69%)	DP	OpenShort	-75	0	-49	-40	-23	-126	2.53	44%	-0.77	-25.5	6.27%	1.1	-1.1	47	1.1

16	Jun_22_2023	6.49	4.67	4.76	4.22	3.92	3.86	3.8(-3.31%)	DT	OpenShort	-75	-0.7	-37	-320	-23	-79	2.7	44%	-0.76	-18.9	6.25%	-0.8	-1.4	54	1.4
17	Jun_21_2023	6.54	4.72	4.93	4.52	4.28	3.88	3.93(2.35%)	DP	OpenShort	-75	-1	-23	-810	-22	-26	6.08	44%	-0.61	-10.5	6.25%	-0.3	-1.3	55	1.3
18	Jun_20_2023	6.58	4.75	5.07	4.82	4.63	3.97	3.84(-7.14%)	CR	SmallShort	-20	-1.7	-14	-1120	-27	24	5.71	44%	-0.9	-0.1	6.25%	-1.1	-1.6	52	1.2
19	Jun_16_2023	6.64	4.79	5.2	5.13	5.03	4.69	4.13(-23.38%)	UD	OpenLong	65	-1.9	2	-530	-22	75	23.63	46%	-0.75	13.2	6.19%	-1.6	-1.2	53	1.6
20	Jun_15_2023	6.69	4.82	5.26	5.13	5.34	5.29	5.39(1.22%)	UD	OpenLong	65	0	33	-90	-1	136	6.81	55%	-0.45	22.7	5.47%	0.5	1.1	75	1.2

21	Jun_14_2023	6.72	4.8	5.13	5.39	5.38	5.37	5.33(-1.75%)	UD	OpenLong	65	-0.1	33	-20	-1	136	1.41	55%	-0.59	15	5.47%	-0.4	1.1	74	4.5
22	Jun_13_2023	6.76	4.78	5.01	5.4	5.38	5.39	5.42(1.03%)	UT	OpenLong	75	0	35	-10	2	134	1.76	55%	-0.59	8.6	5.47%	0.2	1.3	67	1.3
23	Jun_12_2023	6.8	4.75	4.89	5.37	5.4	5.4	5.37(-1.11%)	UD	OpenLong	75	0	37	20	6	128	2.18	55%	-0.44	-23.9	5.51%	-0.4	1.3	68	1.4
24	Jun_9_2023	6.83	4.72	4.79	5.29	5.37	5.41	5.43(0.65%)	UT	OpenLong	75	0.3	41	100	14	121	2.1	51%	-0.58	-53.1	5.52%	0.3	1.6	66	1.7
25	Jun_8_2023	6.87	4.71	4.68	5.1	5.26	5.4	5.39(-0.28%)	UD	OpenLong	75	0.7	40	280	22	92	1.69	51%		-85.3	5.66%	0.6	1.6	66	2
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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