Taking everything into account, CRVO scores 3 out of 10 in our technical rating. Although CRVO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CRVO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
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6.84
When analyzing the support we can see 3 important areas.
- Support @7.55 from a trend line in the weekly time frame.
- Support @7.40 from a trend line in the daily time frame.
- Support @6.91 from a horizontal line in the weekly time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 7.81 to 8.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.49 from a horizontal line in the daily time frame.
- Resistance @8.86 from a trend line in the weekly time frame.
- Resistance @9.14 from a trend line in the weekly time frame.
- Resistance @9.39 from a trend line in the daily time frame.
- Resistance @10.56 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CRVO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRVO is down. |
| ChartMill Relative Strength | 98.41 | POSITIVE | CRVO has a high relative strength, it outperformed 98.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRVO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CRVO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRVO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.02 | NEUTRAL | The RSI value for CRVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CRVO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.61 | NEUTRAL | The Stochastics value for CRVO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.37 | HIGH VOLATILITY | The high ATR as a percentage value for CRVO suggests high volalility. |
| Average Directional Index/ADX (14) | 17.02 | NEGATIVE | The low ADX value for CRVO suggests a weak or negative trend. |
NASDAQ:CRVO (1/6/2026, 10:27:18 AM)
7.79
-0.02 (-0.26%)
CERVOMED INC / CRVO FAQ
What is the technical rating for CRVO stock?
ChartMill assigns a technical rating of 3 / 10 to CRVO.
Can you provide the trend direction for CERVOMED INC?
The current trend direction for CERVOMED INC (CRVO) is Bearish.
What is the RSI signal for CRVO stock?
CERVOMED INC (CRVO) has an RSI value of 44.0201. This indicates that the stock is currently neutral.
What is the MACD signal for CRVO stock?
The MACD indicator for CERVOMED INC (CRVO) has a value of -0.0635162, indicating a bearish trend.
What are the support and resistance levels for CERVOMED INC (CRVO) stock?
CERVOMED INC (CRVO) has a support level at 7.81 and a resistance level at 7.82. Check the full technical report for our detailed analysis of CRVO support and resistance levels.