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CERVOMED INC (CRVO) Stock Technical Analysis

NASDAQ:CRVO - Nasdaq - US15713L1098 - Common Stock - Currency: USD

7.11  -0.04 (-0.56%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to CRVO. CRVO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

97% of all other stocks performed better in the past year than CRVO.
CRVO is one of the lesser performing stocks in the Biotechnology industry. 79% of 558 stocks in the same industry do better.
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 5.45 - 7.62 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
CERVOMED INC / CRVO Weekly stock chart
CERVOMED INC / CRVO Daily stock chart
Setup Rating and Analysis

3

The technical rating of CRVO is bad and it also does not present a quality setup 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

5.79

14.44

When analyzing the support we notice one important area.

  • Support @5.85 from a trend line in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 7.16 to 7.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @10.51 from a trend line in the weekly time frame.
  • Resistance @11.75 from a trend line in the weekly time frame.
  • Resistance @14.30 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for CRVO is down.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CRVO is up.
ChartMill Relative Strength3.61NEGATIVECRVO has a low relative strength, it was outperformed by 96.39% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of CRVO is above a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of CRVO is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of CRVO is below a declining SMA(200).
Relative Strength Index/RSI (14)52.44NEUTRALThe RSI value for CRVO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.17POSITIVEThe MACD value suggests CRVO has a positive trend.
Stochastics (14,3)81.27OVERBOUGHTThe high Stochastics value suggests CRVO may be overbought.
Average True Range in percent/ATR (20)7.7HIGH VOLATILITYThe high ATR as a percentage value for CRVO suggests high volalility.
Average Directional Index/ADX (14)20.79NEUTRALThe ADX value for CRVO suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
CERVOMED INC / CRVO Daily stock chart

CERVOMED INC

NASDAQ:CRVO (7/14/2025, 4:30:01 PM)

7.11

-0.04 (-0.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.56%
1 Week21.12%
2 Weeks17.52%
1 Month-6.69%
3 Month-27.45%
6 Month236.97%
12 Month-56.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%7.7%
ATR Inc-24.25%
Range Today0.3
ADR(20)0.54
ADR(20)%7.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.61
Mansfield-2.74
10 Day High7.55
10 Day Low5.45
20 Day High7.62
20 Day Low5.45
52 Week High20.63
52 Week Low1.8
CS1 End5.85
CR1 Start7.16
Volume & EV
DER(3)-0.7%
DER(5)-0.41%
Volume73.07K
Volume Incr26.29%
Vol(5)179.33K
Vol(50)207.13K