Stock Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
ADVERUM BIOTECHNOLOGIES (NASDAQ:ADVM)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ADVM
The long term trend has been UP since Aug 30th, 2018 at 6.950
The intermediate term trend has been UP since Aug 9th, 2018 at 5.400
The short term trend has been DOWN since Sep 6th, 2018 at 6.775
Smart Scan Analysis for ADVM
Based on a pre-defined weighted trend formula for chart analysis, ADVM scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||8.59||Year High Date||2018-01-31|
|Year Low||3.5||Year Low Date||2018-01-02|
|52wk High||8.59||52wk High Date||2018-01-31|
|52wk Low||2.85||52wk Low Date||2017-11-10|