Why is CRVS Down Today?

CRVS
$11.08
▼ -3.79% ($-0.42)
Last updated: Oct 01, 2026 8:34 PM ET (552 min ago)

About Corvus Pharmaceuticals, Inc.

Corvus Pharmaceuticals Inc is a clinical-stage biopharmaceutical company developing product candidates that precisely target proteins that are critical to immune cell maturation and function. Its product candidate, soquelitinib, is designed to bind specifically to a protein, interleukin 2 inducible ...

Sector: PHARMACEUTICAL PREPARATIONS
Market Cap: $540.97M
Forward P/E: -15.1
52-Week Range: $6.39 - $26.95
Employees: 31

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 PHARMACEUTICAL PREPARATIONS sector moving together
This appears to be a sector-wide move. The PHARMACEUTICAL PREPARATIONS sector is down 2.4% on average.

✅ Move Confirmation

LOW VOLUME 0.6x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

PHARMACEUTICAL PREPARATIONS sector: -2.4%

This appears to be a sector-wide move. Most PHARMACEUTICAL PREPARATIONS stocks are moving in the same direction.

Market Comparison

CRVS is significantly underperforming the market (-4.0% vs SPY)
S&P 500
SPY
+0.18%
Nasdaq 100
QQQ
+0.31%
CRVS
This Stock
-3.79%
vs S&P 500: -3.97%
vs Nasdaq: -4.1%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, CRVS is expected to trade between:
$10.75 - $11.30

Key Level to Watch

$10.53 support
Watch for breakdown below $11.08

🔔 Get CRVS Alerts

We'll notify you when CRVS's trend changes or a new signal fires.

Last updated: Oct 01, 2026 8:34 PM (552 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.34
Put/Call Ratio
120.0%
Implied Volatility
Call Volume: 7,104
Put Volume: 2,402
Total: 9,506

Historical Context

CRVS has moved more than 3.0% down on 59 occasions in the past year.

42.4%
Continuation Rate
25/59 times continued down
+0.55%
Avg Next Day Change
After similar down moves
Last similar move: Sep 24, 2026 (-5.9%) → Next day: -1.5%

Frequently Asked Questions

Why is CRVS stock down today?

This appears to be a sector-wide move. The PHARMACEUTICAL PREPARATIONS sector is down 2.4% on average.

Is CRVS stock a buy or sell right now?

Based on current analysis, CRVS shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the CRVS stock price target?

CRVS is currently trading at $11.08. Based on today's momentum, the expected short-term range is $10.75 - $11.30. See long-term price prediction →

Will CRVS stock continue falling?

Our analysis shows a 45% probability that CRVS's move continues in the next 1-3 days. Key level to watch: $10.53 (support).

Is CRVS stock oversold or overbought?

CRVS's RSI (Relative Strength Index) is currently at 31.1. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for CRVS stock?

CRVS's 10-day momentum indicator is at -1.62. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is CRVS outperforming or underperforming the market?

CRVS (-3.79%) is currently significantly underperforming the market (-4.0% vs SPY). Today, the S&P 500 (SPY) is up 0.18%, and Nasdaq (QQQ) is up 0.31%.

What does MACD indicate for CRVS?

CRVS's MACD (-0.7) is currently below the signal line (-0.57), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 19.7) is weak.

Is CRVS in an uptrend or downtrend?

Based on moving average analysis, CRVS is in a bearish trend. The price ($11.08) is trading below both the 20-day SMA ($12.67) and 50-day SMA ($13.54). This alignment typically indicates sustained downward pressure.

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