Question 1

What implications does the 10-day RSI indicator have for CRVS?

Accepted Answer

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 2

What does the Stochastic Oscillator suggest about CRVS's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

What does a 3-day price advance indicate for CRVS?

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where CRVS advanced for three days, in 188 of 235 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 4

What does a 3-day decline signify for CRVS's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CRVS declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 5

What does CRVS breaking above its upper Bollinger Band indicate?

Accepted Answer

CRVS broke above its upper Bollinger Band on August 08, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 6

How does the Aroon Indicator reflect on CRVS's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 95 of 108 cases where CRVS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CRVS Stock Corvus Pharmaceuticals (CRVS, $2.22) entered Uptrend as Momentum indicator ascends above 0 level on Jun 05, 2024

CRVS in +11.32% Uptrend, rising for three consecutive days on August 19, 2024

General Information