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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

CervoMed Inc. (NASDAQ:CRVO)

Bear Market Rally (-75) - CRVO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CRVO as it may be in the beginning of a reversal.

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.

NASDAQ_CRVO
Open High Low CRVO Price Change
2.210 2.390 2.180 2.375 +0.155
Entry Signal

MarketClub’s Trade Triangles for CRVO

long term down The long-term trend has been DOWN since Jul 1st, 2024 at 16.25

intermediate term down The intermediate-term trend has been DOWN since Dec 10th, 2024 at 7.75

short term up The short-term trend has been UP since Dec 19th, 2024 at 2.10

Smart Scan Analysis for CRVO

Based on our trend formula, CRVO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CRVO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.210 2.390 2.180 2.375 +0.155
Prev. Close Volume Bid Ask Time
2.220 277498 2024-12-26 14:10:31
52wk High26.378952wk High Date2024-03-20
52wk Low1.852wk Low Date2024-12-17
Average Volume1,037,116Shares Outstanding8,254
Assets48,883,867MLiabilities3,246,371M
P/E Ratio6.9375
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