Stock Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
Avidity Biosciences, Inc. (NASDAQ:RNA)
Weak Downtrend (-65) - RNA is showing signs of a strengthening downtrend. Monitor RNA as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for RNA
The long-term trend has been UP since Jan 24th, 2023 at 23.29
The intermediate-term trend has been DOWN since Mar 6th, 2023 at 22.18
The short-term trend has been DOWN since Mar 17th, 2023 at 20.52
Smart Scan Analysis for RNA
Based on our trend formula, RNA is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||25.74||52wk High Date||2023-02-17|
|52wk Low||9.83||52wk Low Date||2022-12-07|
|Average Volume||1,047,756||Shares Outstanding||70,808|