CORVUS PHARMACEUTICALS INC (CRVS) Stock Technical Analysis
NASDAQ:CRVS - Nasdaq - US2210151005 - Common Stock - Currency: USD
Overall CRVS gets a technical rating of 3 out of 10. Although CRVS 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
CRVS is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
CRVS is one of the better performing stocks in the Biotechnology industry, it outperforms 90% of 566 stocks in the same industry.
In the last month CRVS has a been trading in the 2.54 - 3.78 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, CRVS did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
The technical rating of CRVS 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.
More info and screens
2.94
5.97
We found 2 important support areas.
- A support zone ranging from 3.49 to 3.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.97 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.64 to 3.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.91 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
CRS93.35
Mansfield-2.09
10 Day High3.78
10 Day Low3.15
20 Day High3.78
20 Day Low2.54
52 Week High10
52 Week Low1.43
Performance
1 Week-0.28%
2 Weeks11.73%
1 Month21.07%
3 Month-32.46%
6 Month-60.22%
12 Month88.54%
2 Year19.08%
3 Year251.46%
5 Year4.93%
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)0.08
RSI(14)54.02
LBB3.03
UBB3.82
3.62
+0.1 (+2.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.84%
1 Week-0.28%
2 Weeks11.73%
1 Month21.07%
3 Month-32.46%
6 Month-60.22%
12 Month88.54%
2 Year19.08%
3 Year251.46%
5 Year4.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%6.71%
ATR Inc-26.36%
Range Today0.12
ADR(20)0.23
ADR(20)%6.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.35
Mansfield-2.09
10 Day High3.78
10 Day Low3.15
20 Day High3.78
20 Day Low2.54
52 Week High10
52 Week Low1.43
CS1 End3.52
CR1 Start3.64
Volume & EV
DER(3)0.96%
DER(5)0.43%
Volume1.13M
Volume Incr-9.19%
Vol(5)827.78K
Vol(50)814.44K