CERVOMED INC (CRVO) Stock Technical Analysis
NASDAQ:CRVO • US15713L1098
Overall CRVO gets a technical rating of 2 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- CRVO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CRVO has a been trading in the 4.40 - 7.00 range, which is quite wide. It is currently trading near the lows of this range.
- CRVO is one of the better performing stocks in the Biotechnology industry, it outperforms 73% of 521 stocks in the same industry.
- Looking at the yearly performance, CRVO did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CRVO has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
4.47
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.87 to 4.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.71 from a horizontal line in the weekly time frame.
- Support @4.52 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @5.51 from a horizontal line in the daily time frame.
- Resistance @7.79 from a trend line in the weekly time frame.
- Resistance @8.34 from a trend line in the weekly time frame.
- Resistance @9.25 from a trend 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 | 87.65 | POSITIVE | CRVO has a high relative strength, it outperformed 87.65% 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) | DOWN | NEGATIVE | The current price of CRVO is below a declining 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) | 38.98 | NEUTRAL | The RSI value for CRVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CRVO has a positive trend. |
| Stochastics (14,3) | 23.63 | NEUTRAL | The Stochastics value for CRVO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.88 | HIGH VOLATILITY | The high ATR as a percentage value for CRVO suggests high volalility. |
| Average Directional Index/ADX (14) | 46.45 | POSITIVE | The high ADX value value for CRVO suggests a strong trend. |
NASDAQ:CRVO (2/18/2026, 8:23:11 PM)
4.93
+0.39 (+8.59%)
CERVOMED INC / CRVO FAQ
What is the technical rating for CRVO stock?
ChartMill assigns a technical rating of 2 / 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 38.9796. 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 0.0465072, indicating a bearish trend.
What are the support and resistance levels for CERVOMED INC (CRVO) stock?
CERVOMED INC (CRVO) has a support level at 4.9 and a resistance level at 5.51. Check the full technical report for our detailed analysis of CRVO support and resistance levels.