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Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Avidity Biosciences, Inc. (NASDAQ:RNA)
Sidelines Mode (-55) - RNA 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 RNA?
MarketClub looks at technical strength and momentum to determine if the timing is right for RNA.
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 RNA
The long-term trend has been DOWN since Apr 4th, 2023 at 14.2800
The intermediate-term trend has been UP since Nov 14th, 2023 at 6.1415
The short-term trend has been DOWN since Dec 8th, 2023 at 7.5700
Smart Scan Analysis for RNA
Based on our trend formula, RNA is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.000 | 8.100 | 7.510 | 7.535 | -0.515 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.050 | 884074 | 2023-12-08 15:59:10 |
| 52wk High | 25.74 | 52wk High Date | 2023-02-17 |
| 52wk Low | 4.825 | 52wk Low Date | 2023-10-31 |
| Average Volume | 2,117,142 | Shares Outstanding | 74,101 |
| Assets | 573,163,000M | Liabilities | 55,695,000M |