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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Aerovate Therapeutics, Inc. (NASDAQ:AVTE)
Crossroads (-60) - AVTE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid AVTE?
MarketClub looks at technical strength and momentum to determine if the timing is right for AVTE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AVTE
The long-term trend has been UP since Dec 4th, 2023 at 16.67
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 24.27
The short-term trend has been DOWN since May 7th, 2024 at 19.99
Smart Scan Analysis for AVTE
Based on our trend formula, AVTE is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.19 | 21.20 | 19.81 | 21.01 | +0.57 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.04 | 128787 | 2024-05-08 15:59:44 |
| 52wk High | 32.415 | 52wk High Date | 2024-04-01 |
| 52wk Low | 9.41 | 52wk Low Date | 2023-10-30 |
| Average Volume | 141,828 | Shares Outstanding | 27,863 |
| Assets | 127,418,000M | Liabilities | 17,962,000M |
| P/E Ratio | -0.24600000 |