CERVOMED INC (CRVO) Stock Technical Analysis
NASDAQ:CRVO - Nasdaq - US15713L1098 - Common Stock - Currency: USD
Overall CRVO gets a technical rating of 7 out of 10. In the last year, CRVO was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
In the last month CRVO has a been trading in the 7.13 - 16.94 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CRVO is one of the better performing stocks in the Biotechnology industry, it outperforms 99% of 568 stocks in the same industry.
CRVO has an average volume of 5789500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CRVO is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
CRVO is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, CRVO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
8.70
14.44
We found 1 important support area.
- Support @8.79 from a trend line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 9.81 to 9.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.60 from a trend line in the daily time frame.
- Resistance @13.40 from a trend line in the weekly time frame.
- Resistance @13.68 from a trend line in the daily time frame.
- Resistance @14.30 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.26
Mansfield-1.43
10 Day High13.47
10 Day Low7.79
20 Day High16.94
20 Day Low7.13
52 Week High25.69
52 Week Low1.8
Performance
1 Week15.7%
2 Weeks-12.81%
1 Month-15.22%
3 Month364.46%
6 Month-31.47%
12 Month-59.17%
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)-0.29
RSI(14)55.4
LBB7.15
UBB12.51
9.8
+0.31 (+3.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.27%
1 Week15.7%
2 Weeks-12.81%
1 Month-15.22%
3 Month364.46%
6 Month-31.47%
12 Month-59.17%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.96
ATR(20)%23.66%
ATR Inc-57.33%
Range Today0.8
ADR(20)2.24
ADR(20)%22.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.26
Mansfield-1.43
10 Day High13.47
10 Day Low7.79
20 Day High16.94
20 Day Low7.13
52 Week High25.69
52 Week Low1.8
CS1 End8.79
CR1 Start9.81
Volume & EV
DER(3)2.66%
DER(5)3.97%
Volume337.70K
Volume Incr-80.68%
Vol(5)639.16K
Vol(50)5.79M