ADVERUM BIOTECHNOLOGIES INC (ADVM)
US00773U2078 - Common Stock
We assign a technical rating of 0 out of 10 to ADVM. ADVM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ADVM is a bad performer in the overall market: 89% of all stocks are doing better.
ADVM is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month ADVM has a been trading in the 5.69 - 8.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ADVM is an average performer in the Biotechnology industry, it outperforms 41% of 565 stocks in the same industry.
The technical rating of ADVM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.98
8.09
We can see 3 important resistance areas.
- A resistance zone ranging from 7.29 to 7.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.68 from a trend line in the daily time frame.
- Resistance @8.01 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.63
Mansfield-4.54
10 Day High8.18
10 Day Low5.69
20 Day High8.2
20 Day Low5.69
52 Week High29.7
52 Week Low5.69
Performance
1 Week-11.95%
2 Weeks-24.5%
1 Month-24.31%
3 Month-17.49%
6 Month-20.53%
12 Month-31.33%
2 Year-9.84%
3 Year-65.29%
5 Year-94.46%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.22
RSI(14)31.12
LBB5.58
UBB8.69
ADVERUM BIOTECHNOLOGIES INC
NASDAQ:ADVM (11/22/2024, 8:21:49 PM)
After market: 6.04 0 (0%)6.04
+0.29 (+5.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.04%
1 Week-11.95%
2 Weeks-24.5%
1 Month-24.31%
3 Month-17.49%
6 Month-20.53%
12 Month-31.33%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.46
ATR(20)%7.41%
ATR Inc
Range Today0.46
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.18
10 Day Low5.69
20 Day High8.2
20 Day Low5.69
52 Week High29.7
52 Week Low5.69
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume452.20K
Volume Incr223.47%
Vol(5)516.70K
Vol(50)231.22K