AEROVATE THERAPEUTICS INC (AVTE)
US0080641071 - Common Stock
Taking everything into account, AVTE scores 3 out of 10 in our technical rating. AVTE 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, AVTE is a bad performer in the overall market: 90% of all stocks are doing better.
AVTE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
AVTE is part of the Biotechnology industry. There are 565 other stocks in this industry, AVTE did better than 41% of them.
In the last month AVTE has a been trading in the 2.45 - 2.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
AVTE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.59, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AVTE in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.34
2.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.52 to 2.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.36 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.64 to 2.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.80 to 2.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.19
Mansfield-7.99
10 Day High2.68
10 Day Low2.45
20 Day High2.71
20 Day Low2.45
52 Week High32.42
52 Week Low1.25
Performance
1 Week3.95%
2 Weeks1.15%
1 Month-1.87%
3 Month27.67%
6 Month58.43%
12 Month-88.38%
2 Year-91.02%
3 Year-77.69%
5 YearN/A
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)-0.01
RSI(14)56.55
LBB2.48
UBB2.69
AEROVATE THERAPEUTICS INC
NASDAQ:AVTE (12/26/2024, 8:00:01 PM)
After market: 2.63 0 (0%)2.63
+0.03 (+1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.15%
1 Week3.95%
2 Weeks1.15%
1 Month-1.87%
3 Month27.67%
6 Month58.43%
12 Month-88.38%
2 Year-91.02%
3 Year-77.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%3.35%
ATR Inc13.81%
Range Today0.13
ADR(20)0.09
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.19
Mansfield-7.99
10 Day High2.68
10 Day Low2.45
20 Day High2.71
20 Day Low2.45
52 Week High32.42
52 Week Low1.25
CS1 End2.59
CR1 Start2.64
Volume & EV
DER(3)2.34%
DER(5)3.47%
Volume129.60K
Volume Incr69.02%
Vol(5)291.84K
Vol(50)927.89K