Stock Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Aduro Biotech, Inc (NASDAQ:ADRO)
Countertrend Up (+85) - ADRO is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid ADRO?
MarketClub looks at technical strength and momentum to determine if the timing is right for ADRO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ADRO
The long-term trend has been UP since Jan 6th, 2020 at 1.346
The intermediate-term trend has been UP since Dec 26th, 2019 at 1.250
The short-term trend has been DOWN since Feb 24th, 2020 at 3.290
Smart Scan Analysis for ADRO
Based on our trend formula, ADRO is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||9.925||Year High Date||2018-03-13|
|Year Low||2.47||Year Low Date||2018-11-27|
|52wk High||4.59||52wk High Date||2019-05-07|
|52wk Low||0.9011||52wk Low Date||2019-10-25|
|Average Volume||1,111,658||Shares Outstanding||80,514|