Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Aerovate Therapeutics, Inc. (NASDAQ:AVTE)

Long-Term Downtrend (-90) - AVTE is in a strong downtrend that is likely to continue. While AVTE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

Open High Low AVTE Price Change
15.70 17.02 15.52 16.97 +0.90
Entry Signal

MarketClub’s Trade Triangles for AVTE

long term down The long-term trend has been DOWN since May 24th, 2024 at 16.74

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 24.27

short term down The short-term trend has been DOWN since May 21st, 2024 at 20.00

Smart Scan Analysis for AVTE

Based on our trend formula, AVTE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for AVTE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.70 17.02 15.52 16.97 +0.90
Prev. Close Volume Bid Ask Time
16.07 213372 2024-05-29 15:59:32
52wk High32.41552wk High Date2024-04-01
52wk Low9.4152wk Low Date2023-10-30
Average Volume178,264Shares Outstanding28,808
P/E Ratio-0.24600000
Get a free daily analysis and signals for Aerovate Therapeutics, Inc. (AVTE) - Request Your Free Report.