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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Adverum Biotechnologies, Inc. (NASDAQ:ADVM)
Bull Market Weakness (+75) - ADVM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ADVM as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for ADVM
The long-term trend has been DOWN since May 15th, 2024 at 8.76
The intermediate-term trend has been UP since Jul 10th, 2024 at 7.59
The short-term trend has been UP since Jul 18th, 2024 at 9.21
Smart Scan Analysis for ADVM
Based on our trend formula, ADVM is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.22 | 8.58 | 7.81 | 8.18 | +0.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.09 | 244808 | 2024-07-26 15:59:51 |
| Year High | 8.59 | Year High Date | 2018-01-31 |
| Year Low | 2.62 | Year Low Date | 2018-11-02 |
| 52wk High | 29.7 | 52wk High Date | 2024-02-08 |
| 52wk Low | 6.38 | 52wk Low Date | 2024-06-20 |
| Average Volume | 608,894 | Shares Outstanding | 20,757 |
| Market Cap | 773M | Assets | 267,828,000M |
| Liabilities | 85,540,000M | P/E Ratio | -1.21980000 |
| Volatility | 109.68 |