Technical Analysis for ERAS - Erasca, Inc

Grade Last Price % Change Price Change
F 1.86 -2.11% -0.04
ERAS closed down 2.11 percent on Tuesday, May 14, 2024, on 52 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Stochastic Reached Oversold Weakness 0.00%
Outside Day Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Inside Day Range Contraction -2.11%
20 DMA Resistance Bearish 0.54%
MACD Bearish Centerline Cross Bearish 0.54%
MACD Bearish Signal Line Cross Bearish 0.54%
Earnings Movers Other 0.54%

   Recent Intraday Alerts

Alert Time
Down 3% about 11 hours ago
Outside Day about 13 hours ago
Fell Below Previous Day's Low about 13 hours ago
Down 2 % about 16 hours ago
60 Minute Opening Range Breakdown about 16 hours ago

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Profile

Erasca, Inc., a clinical-stage biopharmaceutical company, focuses on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers. Its lead candidates include ERAS-007, an oral inhibitor of ERK1/2 for the treatment of NSCLC, colorectal cancer, and acute myeloid leukemia; and ERAS-601, an oral SHP2 inhibitor for patients with advanced or metastatic solid tumors. The company was incorporated in 2018 and is headquartered in San Diego, California.
Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biopharmaceutical Cancer Acute Myeloid Leukemia Colorectal Cancer Enzymes Tyrosine Kinase Receptors Oncogenes NSCLC Non Small Cell Lung Carcinoma Metastatic Solid Tumors Bemcentinib Ras Gtpase Ptpn11

Is ERAS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.375
52 Week Low 1.51
Average Volume 614,580
200-Day Moving Average 2.15
50-Day Moving Average 2.07
20-Day Moving Average 1.97
10-Day Moving Average 2.05
Average True Range 0.14
RSI (14) 40.83
ADX 18.45
+DI 19.89
-DI 26.28
Chandelier Exit (Long, 3 ATRs) 1.85
Chandelier Exit (Short, 3 ATRs) 2.17
Upper Bollinger Bands 2.24
Lower Bollinger Band 1.70
Percent B (%b) 0.3
BandWidth 27.55
MACD Line -0.03
MACD Signal Line -0.01
MACD Histogram -0.0161
Fundamentals Value
Market Cap 281.02 Million
Num Shares 151 Million
EPS -1.73
Price-to-Earnings (P/E) Ratio -1.08
Price-to-Sales 0.00
Price-to-Book 0.78
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.16
Resistance 3 (R3) 2.18 2.09 2.11
Resistance 2 (R2) 2.09 2.02 2.09 2.09
Resistance 1 (R1) 1.98 1.97 1.94 1.96 2.08
Pivot Point 1.89 1.89 1.87 1.89 1.89
Support 1 (S1) 1.78 1.82 1.74 1.76 1.64
Support 2 (S2) 1.69 1.77 1.69 1.63
Support 3 (S3) 1.58 1.69 1.61
Support 4 (S4) 1.56