CORVUS PHARMACEUTICALS INC (CRVS)

US2210151005 - Common Stock

7.39  +0.49 (+7.1%)

After market: 8.61 +1.22 (+16.51%)

Technical Rating and Analysis

7

Overall CRVS gets a technical rating of 7 out of 10. In the last year, CRVS was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month CRVS has a been trading in the 6.44 - 9.55 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that CRVS is one of the better performing stocks in the market, outperforming 98% of all stocks.
CRVS is one of the better performing stocks in the Biotechnology industry, it outperforms 96% of 568 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CRVS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRVS is lagging the market.
Weekly and Daily overview Charts
CRVS Weekly chart
CRVS Daily chart
Setup Rating and Analysis

3

Although CRVS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

6.82

9.66

We found 2 important support areas.

  • Support @7.37 from a horizontal line in the weekly time frame.
  • Support @6.89 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 7.40 to 7.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @9.56 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.52
Mansfield7.99
10 Day High8.49
10 Day Low6.44
20 Day High9.55
20 Day Low6.44
52 Week High10
52 Week Low1.3
Performance
1 Week-7.86%
2 Weeks-10.75%
1 Month-11.39%
3 Month25.04%
6 Month315.17%
12 Month334.71%
2 Year769.41%
3 Year206.64%
5 Year35.85%
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)-0.19
RSI(14)40.84
LBB6.88
UBB9.33
CRVS Daily chart

CORVUS PHARMACEUTICALS INC

NASDAQ:CRVS (12/17/2024, 6:33:00 PM)

After market: 8.61 +1.22 (+16.51%)

7.39

+0.49 (+7.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg7.1%
1 Week-7.86%
2 Weeks-10.75%
1 Month-11.39%
3 Month25.04%
6 Month315.17%
12 Month334.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.56
ATR(20)%7.62%
ATR Inc
Range Today1
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 High8.49
10 Day Low6.44
20 Day High9.55
20 Day Low6.44
52 Week High10
52 Week Low1.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.30M
Volume Incr47.07%
Vol(5)1.18M
Vol(50)914.85K