Stock Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
Avenue Therapeutics, Inc. (NASDAQ:ATXI)
Bear Market Rally (-75) - ATXI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ATXI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ATXI?
MarketClub looks at technical strength and momentum to determine if the timing is right for ATXI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ATXI
The long-term trend has been DOWN since Oct 7th, 2022 at 3.0195
The intermediate-term trend has been DOWN since Jul 21st, 2023 at 1.1100
The short-term trend has been UP since Sep 27th, 2023 at 0.7199
Smart Scan Analysis for ATXI
Based on our trend formula, ATXI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||6||Year High Date||2018-11-19|
|Year Low||2.0804||Year Low Date||2018-10-10|
|52wk High||16.65||52wk High Date||2022-10-04|
|52wk Low||0.539||52wk Low Date||2023-09-22|
|Average Volume||77,568||Shares Outstanding||8,183|