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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Adverum Biotechnologies, Inc. (NASDAQ:ADVM)
Countertrend Down (-85) - ADVM is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for ADVM
The long-term trend has been DOWN since May 15th, 2024 at 8.7600
The intermediate-term trend has been DOWN since Nov 1st, 2024 at 7.2000
The short-term trend has been UP since Dec 26th, 2024 at 4.8897
Smart Scan Analysis for ADVM
Based on our trend formula, ADVM is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.740 | 4.925 | 4.590 | 4.850 | +0.110 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.740 | 212479 | 2024-12-26 15:01:12 |
| 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 | 4.59 | 52wk Low Date | 2024-12-23 |
| Average Volume | 224,019 | Shares Outstanding | 20,802 |
| Market Cap | 773M | Assets | 234,375,000M |
| Liabilities | 90,259,000M | P/E Ratio | -1.21980000 |
| Volatility | 109.68 |