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Stock Trend Analysis Report
Prepared for you on Monday, May 13, 2024.
CervoMed Inc. (NASDAQ:CRVO)
Countertrend Up (+85) - CRVO is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CRVO?
MarketClub looks at technical strength and momentum to determine if the timing is right for CRVO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CRVO
The long-term trend has been UP since Oct 9th, 2023 at 6.6000
The intermediate-term trend has been UP since Feb 7th, 2024 at 9.3010
The short-term trend has been DOWN since May 9th, 2024 at 23.8601
Smart Scan Analysis for CRVO
Based on our trend formula, CRVO is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.480 | 24.905 | 24.050 | 24.505 | -0.155 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.660 | 13730 | 2024-05-13 15:37:06 |
| 52wk High | 26.3789 | 52wk High Date | 2024-03-20 |
| 52wk Low | 4.14 | 52wk Low Date | 2023-07-07 |
| Average Volume | 25,320 | Shares Outstanding | 6,170 |
| Assets | 9,972,521M | Liabilities | 2,595,747M |
| P/E Ratio | -0.42610000 |