Alerus Financial Corporation Common Stock | ALRS

Daily Technical Analysis of Alerus Financial Corporation Common Stock

Alerus Financial hasn't moved too much today but is slightly down, it has lost -0.05% since yesterday. It looks like ALRS may be interacting with a slightly angled support line. This area could represent a pivot point that it moves up from. Momentum wise Alerus Financial , hasn't been very high in either direction over the last 3 month. So hard to say what it will do here.

If the price bounces off of the support and moves up it'll probably head up to the $21.72 level, at which point it may hit some selling pressure. There aren't very obvious support levels beneath this point. So put those stop losses on, this thing has room to fall if buyers don't come in at this level.

Analyst Ratings for Alerus Financial By Price Target And Rating

The analysts are pretty neutral on Alerus Financial right now, so not much useful information here. The current Analysts Sentiment Score is 0.22. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. DA Davidson provided a price target boost of 4.35% to $24.00 from $23.00 on 2024-01-30. Piper Sandler gave a boost to their price target and moved to $23.00 from $20.00 on 2023-12-20. Keefe, Bruyette & Woo initiated a rating of Market Perform on 2023-04-12 and they set their price target at $18.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Alerus Financial

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Alerus Financial

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.