Stock Price Prediction

CVM stock is currently trading at $0.40, down significantly due to a public offering of 16.13 million shares at $0.31, which diluted existing shareholders. Bulls might argue that the stock's price is near its Fibonacci support level of $0.37, presenting a potential rebound opportunity. However, with an RSI of 40.07, the stock is not yet oversold, suggesting caution before expecting a bullish reversal.

CVM stock is bearish, currently trading at $0.4012, down 2.63% in the regular market on January 31, 2025. The sharp decline is attributed to a public offering of 16.13 million shares at $0.31 per share, significantly diluting shareholder value. The stock faces resistance near $0.41 and lacks positive catalysts to reverse its downward trend.