Corvus Pharmaceuticals, Inc. (CRVS)

Corvus Pharmaceuticals, Inc. is trading at $14.81, down 0.70% on the session. The 50 day average sits at $13.63 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 59.6, which reads as strong, and MACD is bullish crossover. Volume is average.

The nearest support is around $13.90 with resistance near $16.47, so that band frames the current range. Average daily movement is roughly $0.74, or about 5.0% of the share price, which is what any stop placement has to allow for. The overall health score of 69 out of 100 combines a trend score of 72, momentum of 79 and a risk score of 50.

Corvus Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, engages in the development of product candidates that precisely target proteins that are critical to immune cell maturation and function in the United States. The company's lead product candidate is soquelitinib (CPI-818), a selective covalent inhibitor of interleukin 2 inducible T cell kinase (ITK), which is in a multi-center Phase 1b/2 clinical trial for the treatment of peripheral T cell lymphoma, atopic dermatitis, hidradenitis suppurativa, autoimmune lymphoproliferative syndrome, and solid tumors monotherapy, and asthma, diseases. It also developing ciforadenant (CPI-444), an oral small molecule antagonist of the A2A receptor that is in Phase 2 clinical trial for the treatment of first line renal cell cancer; and mupadolimab (CPI-006), a humanized monoclonal antibody, which is in Phase 1 clinical trial for the treatment of non-small cell lung cancer. It has a license agreement with Monash University to research, develop, and commercialize certain antibodies directed to CXCR2 for the treatment of human diseases; and Vernalis (R&D) Limited to develop, manufacture, and commercialize products containing certain adenosine receptor antagonists, including ciforadenant, as well as license agreement with Scripps for the development and commercialization of mupadolimab. Corvus Pharmaceuticals, Inc. was incorporated in 2014 and is based in South San Francisco, California.