Stock Trend Analysis Report
Prepared for you on Wednesday, July 28, 2021.
Adverum Biotechnologies, Inc (NASDAQ:ADVM)
Strong Downtrend (-100) - ADVM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ADVM?
MarketClub looks at technical strength and momentum to determine if the timing is right for ADVM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ADVM
The long-term trend has been DOWN since Mar 5th, 2021 at 10.55
The intermediate-term trend has been DOWN since Jul 6th, 2021 at 3.42
The short-term trend has been DOWN since Jul 23rd, 2021 at 2.96
Smart Scan Analysis for ADVM
Based on our trend formula, ADVM is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||8.59||Year High Date||2018-01-31|
|Year Low||2.62||Year Low Date||2018-11-02|
|52wk High||19.25||52wk High Date||2020-08-07|
|52wk Low||2.255||52wk Low Date||2021-07-23|
|Average Volume||2,382,087||Shares Outstanding||97,935|