The Hourly View for CVAC
At the moment, CVAC (Get Ratings)’s price is down $-2.76 (-2.59%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
CVAC ranks 290th in terms of today’s price percentage change out of Pharmaceutical Products stocks.
CVAC’s Technical Outlook on the Daily Chart
At the time of this writing, CVAC’s price is down $-1.18 (-1.12%) from the day prior. The daily chart shows that CVAC has seen 3 straight down days. Regarding the trend, note that the strongest trend exists on the 100 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. CureVac NV’s price action over the past 90 days can be seen via the chart below.