Stock Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
Aerovate Therapeutics, Inc. (NASDAQ:AVTE)
Sidelines Mode (+55) - AVTE 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 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.
MarketClub’s Trade Triangles for AVTE
The long-term trend has been UP since Sep 3rd, 2021 at 21.5
The intermediate-term trend has been UP since Nov 12th, 2021 at 21.8
The short-term trend has been DOWN since Nov 16th, 2021 at 17.0
Smart Scan Analysis for AVTE
Based on our trend formula, AVTE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||29.43||52wk High Date||2021-06-30|
|52wk Low||11.4||52wk Low Date||2021-08-25|
|Average Volume||77,271||Shares Outstanding||24,410|