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New Downtrend appears for CRVO after 5.04% move

CervoMed Inc. (CRVO) — Daily Technical Analysis & Swing Trading Signals · Sep 16, 2025, 19:47 ET
CRVO closed down 5.04% on Tuesday, September 16th, with volume running 0.2× below average. Multiple bearish signals emerged — New Downtrend, Lower Bollinger Band Walk, MACD Bearish Centerline Cross & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 7.92, 7.73 & 7.44, with resistance at 8.4, 8.69 & 8.88. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of CRVO: D

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CervoMed Inc. (CRVO)