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Stock Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

Adverum Biotechnologies, Inc. (NASDAQ:ADVM)

Long-Term Downtrend (-90) - ADVM is in a strong downtrend that is likely to continue. While ADVM is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ADVM?

MarketClub looks at technical strength and momentum to determine if the timing is right for ADVM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ADVM
Open High Low ADVM Price Change
1.960 1.970 1.905 1.930 -0.020
Entry Signal

MarketClub’s Trade Triangles for ADVM

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 10.55

intermediate term down The intermediate-term trend has been DOWN since Oct 6th, 2021 at 2.10

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 2.06

Smart Scan Analysis for ADVM

Based on our trend formula, ADVM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ADVM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.960 1.970 1.905 1.930 -0.020
Prev. Close Volume Bid Ask Time
1.940 682674 2021-10-26 15:59:35
Year High8.59Year High Date2018-01-31
Year Low2.62Year Low Date2018-11-02
52wk High14.7952wk High Date2021-01-20
52wk Low1.9252wk Low Date2021-10-22
Average Volume3,440,379Shares Outstanding98,126
Market Cap773MAssets526,147,000M
Liabilities147,005,000MP/E Ratio-6.8116
Volatility109.68
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