Stock Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
ADVERUM BIOTECHNOLOGIES (NASDAQ:ADVM)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since May 4th, 2018 at 5.35
The intermediate term trend has been DOWN since Jun 13th, 2018 at 5.75
The short term trend has been DOWN since Jun 8th, 2018 at 6.20
Smart Scan Analysis for ADVM
Based on a pre-defined weighted trend formula for chart analysis, ADVM scored -90 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||2.4||52wk Low Date||2017-08-18|