Stock Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Avinger, Inc. (NASDAQ:AVGR)
Sidelines Mode (-55) - AVGR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid AVGR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AVGR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AVGR
The long-term trend has been DOWN since May 13th, 2021 at 0.940
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.820
The short-term trend has been UP since Oct 7th, 2021 at 0.727
Smart Scan Analysis for AVGR
Based on our trend formula, AVGR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||9.776||Year High Date||2018-01-18|
|Year Low||0.27||Year Low Date||2018-11-09|
|52wk High||2.67||52wk High Date||2021-02-18|
|52wk Low||0.2139||52wk Low Date||2020-11-02|
|Average Volume||1,119,986||Shares Outstanding||95,353|