Technical Analysis for CRVO - CervoMed Inc.

Grade Last Price % Change Price Change
D 16.12 -5.84% -1.00
CRVO closed down 5.84 percent on Monday, July 1, 2024, on 82 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Volume Surge Other -5.84%
Calm After Storm Range Contraction -5.84%
Doji - Bullish? Reversal -5.84%

   Recent Intraday Alerts

Alert Time
Rose Above Lower Bollinger Band about 8 hours ago
Down 5% about 8 hours ago
Down 3% about 8 hours ago
Fell Below Previous Day's Low about 8 hours ago
Down 2 % about 8 hours ago

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Profile

CervoMed Inc. is a clinical-stage biotechnology company advancing CNS-focused therapeutics to benefit patients with a range of degenerative diseases of the brain. The Company is currently developing neflamapimod, an investigational orally administered small molecule brain penetrant that inhibits p38MAP kinase alpha (p38a). Neflamapimod has the potential to treat synaptic dysfunction, the reversible aspect of the underlying neurodegenerative processes that cause disease in dementia with Lewy bodies (DLB) and certain other major neurological disorders. Neflamapimod is currently being evaluated in a Phase 2b study in patients with DLB.
Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Medicine Biotechnology Cancer Clinical Development Cancer Treatment Oncology Chemotherapy Radiation Ophthalmology Dermatology Oxygen Blastoma Macular Degeneration Glioblastoma Radiation Therapy Signal Transduction Cancer Cell Acne Brain Tumor mTOR Glioblastoma Multiforme Oncology Applications Acne Vulgaris

Is CRVO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 26.3789
52 Week Low 4.14
Average Volume 56,057
200-Day Moving Average 14.05
50-Day Moving Average 21.32
20-Day Moving Average 19.12
10-Day Moving Average 18.82
Average True Range 2.08
RSI (14) 31.97
ADX 14.22
+DI 12.81
-DI 22.41
Chandelier Exit (Long, 3 ATRs) 16.33
Chandelier Exit (Short, 3 ATRs) 21.64
Upper Bollinger Bands 21.44
Lower Bollinger Band 16.81
Percent B (%b) -0.15
BandWidth 24.22
MACD Line -0.92
MACD Signal Line -0.69
MACD Histogram -0.2316
Fundamentals Value
Market Cap 91.47 Million
Num Shares 5.67 Million
EPS -5.59
Price-to-Earnings (P/E) Ratio -2.88
Price-to-Sales 11.27
Price-to-Book 5.48
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.87
Resistance 3 (R3) 18.93 18.08 18.41
Resistance 2 (R2) 18.08 17.38 18.05 18.25
Resistance 1 (R1) 17.10 16.95 16.68 17.04 18.10
Pivot Point 16.25 16.25 16.04 16.22 16.25
Support 1 (S1) 15.27 15.55 14.85 15.21 14.14
Support 2 (S2) 14.42 15.12 14.39 13.99
Support 3 (S3) 13.44 14.42 13.83
Support 4 (S4) 13.38