Is Coherus BioSciences, Inc. technically bullish or bearish?
As of June 3, 2025, the trend is mildly bearish due to bearish weekly MACD and moving averages, despite some underlying strength indicated by the KST and a mildly bullish monthly MACD, while the stock has underperformed the S&P 500.
As of 3 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating bearish momentum, while the monthly MACD shows mildly bullish signals. The daily moving averages are bearish, and Bollinger Bands are also bearish across both weekly and monthly time frames. The KST is mildly bullish on both weekly and monthly charts, suggesting some underlying strength, but overall, the Dow Theory indicates a mildly bearish trend on the weekly basis with no trend on the monthly. The stock has significantly underperformed compared to the S&P 500 over various time frames, further supporting the bearish outlook.
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