Stock Trend Analysis Report
Prepared for you on Monday, January 30, 2023.
Aerovate Therapeutics, Inc. (NASDAQ:AVTE)
Sidelines Mode (+55) - AVTE 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 AVTE?
MarketClub looks at technical strength and momentum to determine if the timing is right for AVTE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AVTE
The long-term trend has been UP since Mar 18th, 2022 at 13.845
The intermediate-term trend has been DOWN since Jan 9th, 2023 at 24.820
The short-term trend has been UP since Jan 25th, 2023 at 24.450
Smart Scan Analysis for AVTE
Based on our trend formula, AVTE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||30.79||52wk High Date||2022-12-12|
|52wk Low||8.33||52wk Low Date||2022-02-18|
|Average Volume||91,269||Shares Outstanding||24,605|