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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Avidity Biosciences, Inc. (NASDAQ:RNA)
Bull Market Weakness (+75) - RNA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RNA as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RNA?
MarketClub looks at technical strength and momentum to determine if the timing is right for RNA.
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 RNA
The long-term trend has been UP since Dec 15th, 2023 at 8.6800
The intermediate-term trend has been UP since Nov 14th, 2023 at 6.1415
The short-term trend has been DOWN since May 7th, 2024 at 25.2500
Smart Scan Analysis for RNA
Based on our trend formula, RNA is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.4900 | 26.1800 | 25.0454 | 25.7600 | +0.3700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.3900 | 529566 | 2024-05-08 15:15:08 |
| 52wk High | 27.66 | 52wk High Date | 2024-04-03 |
| 52wk Low | 4.825 | 52wk Low Date | 2023-10-31 |
| Average Volume | 860,960 | Shares Outstanding | 79,719 |
| Assets | 628,555,000M | Liabilities | 127,791,000M |