Can it be possible for a status change on a CR automatically trigger a status change on a linked SR?

Can it be possible for a status change on a CR automatically trigger a status change on a linked SR?

Can it be possible for a status change on a CR automatically trigger a status change on a linked SR?

Example, if a SR is raised for something to be developed, a subsequent CR is raised then, and the initial SR is linked to the CR, but I would like to see some form of automation here, like: 
- When a CR is raised and a SR is linked to it then the SR status should change to 'Pending Development Approval'
- When a CR is approved, then the linked SR should change status to 'In Development'
- When a CR is closed, then the linked SR should change to 'Resolved'

Is that something that could be possible in the future?
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