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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 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 - 6.44 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that CRVO is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- CRVO is an average performer in the Biotechnology industry, it outperforms 69% of 521 stocks in the same industry.
CRVO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for CRVO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.47
We found 2 important support areas.
- Support @4.62 from a horizontal line in the weekly time frame.
- Support @4.52 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @5.24 from a horizontal line in the daily time frame.
- Resistance @7.61 from a trend line in the weekly time frame.
- Resistance @8.20 from a trend line in the weekly time frame.
- Resistance @9.21 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 | 84.05 | POSITIVE | CRVO has a high relative strength, it outperformed 84.05% 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) | 37.57 | NEUTRAL | The RSI value for CRVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CRVO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.67 | NEUTRAL | The Stochastics value for CRVO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.57 | HIGH VOLATILITY | The high ATR as a percentage value for CRVO suggests high volalility. |
| Average Directional Index/ADX (14) | 43.62 | POSITIVE | The high ADX value value for CRVO suggests a strong trend. |
NASDAQ:CRVO (2/23/2026, 4:30:00 PM)
4.64
+0.01 (+0.22%)
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 37.5704. 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 0.0748098, indicating a bearish trend.
What are the support and resistance levels for CERVOMED INC (CRVO) stock?
CERVOMED INC (CRVO) has a support level at 4.62 and a resistance level at 5.24. Check the full technical report for our detailed analysis of CRVO support and resistance levels.