AEROVATE THERAPEUTICS INC (AVTE)

US0080641071 - Common Stock

2.06  -0.02 (-0.96%)

After market: 2.06 0 (0%)

Technical Rating and Analysis

3

Overall AVTE gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. AVTE was also a bad performer in the overall market in the last year.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, AVTE is a bad performer in the overall market: 91% of all stocks are doing better.
AVTE is one of the lesser performing stocks in the Biotechnology industry. 66% of 575 stocks in the same industry do 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.
In the last month AVTE has a been trading in the 1.81 - 2.11 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
AVTE Weekly chart
AVTE Daily chart
Setup Rating and Analysis

3

The technical rating of AVTE 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.

Support and Resistance Analysis

1.59

2.11

We found 3 important support areas.

  • A support zone ranging from 1.86 to 1.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.69 from a trend line in the daily time frame.
  • Support @1.61 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 2.07 to 2.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.5
Mansfield-8.76
10 Day High2.11
10 Day Low1.84
20 Day High2.11
20 Day Low1.82
52 Week High32.42
52 Week Low1.25
Performance
1 Week8.42%
2 Weeks8.42%
1 Month11.35%
3 Month24.1%
6 Month-93.03%
12 Month-84.82%
2 Year-87.58%
3 Year-90.18%
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)0.05
RSI(14)53.82
LBB1.82
UBB2.06
AVTE Daily chart

AEROVATE THERAPEUTICS INC

NASDAQ:AVTE (9/27/2024, 8:00:00 PM)

After market: 2.06 0 (0%)

2.06

-0.02 (-0.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.96%
1 Week8.42%
2 Weeks8.42%
1 Month11.35%
3 Month24.1%
6 Month-93.03%
12 Month-84.82%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%4.53%
ATR Inc
Range Today0.06
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 High2.11
10 Day Low1.84
20 Day High2.11
20 Day Low1.82
52 Week High32.42
52 Week Low1.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume133.50K
Volume Incr-0.05%
Vol(5)228.50K
Vol(50)275.09K