CERVOMED INC (CRVO)
US15713L1098 - Common Stock
We assign a technical rating of 7 out of 10 to CRVO. In the past year, CRVO was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Looking at the yearly performance, CRVO did better than 98% of all other stocks. On top of that, CRVO also shows a nice and consistent pattern of rising prices.
CRVO is part of the Biotechnology industry. There are 573 other stocks in this industry. CRVO outperforms 95% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CRVO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRVO is lagging the market.
In the last month CRVO has a been trading in the 14.00 - 20.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CRVO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for CRVO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
11.36
18.81
We found 3 important support areas.
- A support zone ranging from 16.27 to 16.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.13 from a trend line in the daily time frame.
- A support zone ranging from 11.47 to 11.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @17.88 from a trend line in the daily time frame.
- A resistance zone ranging from 18.62 to 18.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.59
Mansfield0.96
10 Day High20.63
10 Day Low14
20 Day High20.63
20 Day Low14
52 Week High26.38
52 Week Low4.28
Performance
1 Week22.02%
2 Weeks5.99%
1 Month2.76%
3 Month-7.89%
6 Month-2.72%
12 Month228.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)55.71
LBB14.17
UBB18.73
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.89 | 16.26 | 1.63 (9.11%) | 10.98% |
| An entry @17.89. This is a Buy Stop order right above the resistance zone. | An exit @16.26. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.63 points, which is 9.11%. | When investing 10.98% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CRVO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CERVOMED INC
NASDAQ:CRVO (9/16/2024, 3:20:46 PM)
16.56
-0.95 (-5.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.43%
1 Week22.02%
2 Weeks5.99%
1 Month2.76%
3 Month-7.89%
6 Month-2.72%
12 Month228.52%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2
ATR(20)%11.22%
ATR Inc
Range Today1.38
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High20.63
10 Day Low14
20 Day High20.63
20 Day Low14
52 Week High26.38
52 Week Low4.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume69.52K
Volume Incr90.81%
Vol(5)130.94K
Vol(50)81.34K