CORVUS PHARMACEUTICALS INC (CRVS)

US2210151005 - Common Stock

1.92  +0.19 (+10.98%)

After market: 2.05 +0.13 (+6.77%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to CRVS. 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.

CRVS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CRVS is lagging the market.
CRVS is one of the better performing stocks in the Biotechnology industry, it outperforms 77% of 588 stocks in the same industry.
In the last month CRVS has a been trading in the 1.30 - 2.08 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, CRVS did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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
CRVS Weekly chart
CRVS Daily chart
Setup Rating and Analysis

1

CRVS has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

1.32

2.43

When analyzing the support we can see 2 important areas.

  • Support @1.39 from a trend line in the daily time frame.
  • Support @1.33 from a horizontal line in the daily time frame.

5 important resistance areas can be observed.

  • Resistance @2.02 from a trend line in the weekly time frame.
  • Resistance @2.22 from a trend line in the weekly time frame.
  • Resistance @2.29 from a trend line in the daily time frame.
  • Resistance @2.34 from a horizontal line in the weekly time frame.
  • Resistance @2.41 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.36
Mansfield-1.31
10 Day High2.08
10 Day Low1.39
20 Day High2.08
20 Day Low1.3
52 Week High4.19
52 Week Low1.05
Performance
1 Week32.41%
2 Weeks37.14%
1 Month9.71%
3 Month-8.57%
6 Month40.15%
12 Month60%
2 Year86.41%
3 Year-29.93%
5 Year-49.07%
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)0.06
RSI(14)65.69
LBB1.25
UBB1.82
CRVS Daily chart

CORVUS PHARMACEUTICALS INC

NASDAQ:CRVS (5/3/2024, 7:00:01 PM)

After market: 2.05 +0.13 (+6.77%)

1.92

+0.19 (+10.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg10.98%
1 Week32.41%
2 Weeks37.14%
1 Month9.71%
3 Month-8.57%
6 Month40.15%
12 Month60%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.15
ATR(20)%7.61%
ATR Inc
Range Today0.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.08
10 Day Low1.39
20 Day High2.08
20 Day Low1.3
52 Week High4.19
52 Week Low1.05
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume381.00K
Volume Incr48.17%
Vol(5)220.64K
Vol(50)200.68K