Stock Trend Analysis Report
Prepared for you on Wednesday, July 8, 2020.
Avinger, Inc (NASDAQ:AVGR)
Bear Market Rally (-75) - AVGR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AVGR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid AVGR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AVGR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AVGR
The long-term trend has been DOWN since Jun 12th, 2019 at 4.523
The intermediate-term trend has been DOWN since Jun 24th, 2020 at 0.350
The short-term trend has been UP since Jun 30th, 2020 at 0.317
Smart Scan Analysis for AVGR
Based on our trend formula, AVGR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||9.776||Year High Date||2018-01-18|
|Year Low||0.27||Year Low Date||2018-11-09|
|52wk High||4.9||52wk High Date||2019-06-18|
|52wk Low||0.2411||52wk Low Date||2020-04-28|
|Average Volume||3,554,439||Shares Outstanding||31,336|