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. CRVO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
In the last month CRVO has a been trading in the 7.79 - 14.00 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both positive. This is looking good!
CRVO is one of the better performing stocks in the Biotechnology industry, it outperforms 98% of 566 stocks in the same industry.
CRVO has an average volume of 5826160 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 98% 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.
CRVO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
8.41
14.44
When analyzing the support we can see 3 important areas.
- Support @8.77 from a trend line in the daily time frame.
- Support @8.63 from a horizontal line in the daily time frame.
- Support @8.49 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @9.81 from a horizontal line in the daily time frame.
- Resistance @12.96 from a trend line in the weekly time frame.
- A resistance zone ranging from 13.39 to 13.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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
CRS98.87
Mansfield-2.04
10 Day High10.4
10 Day Low8.56
20 Day High14
20 Day Low7.79
52 Week High25.69
52 Week Low1.8
Performance
1 Week0.44%
2 Weeks-7.27%
1 Month-9.22%
3 Month300.88%
6 Month-29.27%
12 Month-62.34%
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)-0.21
RSI(14)51.69
LBB8.25
UBB10.01
9.06
-0.32 (-3.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.41%
1 Week0.44%
2 Weeks-7.27%
1 Month-9.22%
3 Month300.88%
6 Month-29.27%
12 Month-62.34%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.98
ATR(20)%16.6%
ATR Inc-44.85%
Range Today0.7
ADR(20)1.45
ADR(20)%16.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.87
Mansfield-2.04
10 Day High10.4
10 Day Low8.56
20 Day High14
20 Day Low7.79
52 Week High25.69
52 Week Low1.8
CS1 End8.77
CR1 Start9.81
Volume & EV
DER(3)-0.12%
DER(5)-0.26%
Volume296.50K
Volume Incr-71.24%
Vol(5)282.84K
Vol(50)5.83M