AEROVATE THERAPEUTICS INC (AVTE)

US0080641071 - Common Stock

2.53  0 (0%)

After market: 2.5205 -0.01 (-0.38%)

Technical Rating and Analysis

5

Taking everything into account, AVTE scores 5 out of 10 in our technical rating. In the past year, AVTE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

88% of all other stocks performed better in the past year than AVTE.
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.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
AVTE is part of the Biotechnology industry. There are 565 other stocks in this industry, AVTE did better than 42% of them.
In the last month AVTE has a been trading in the 2.07 - 3.00 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.
Weekly and Daily overview Charts
AVTE Weekly chart
AVTE Daily chart
Setup Rating and Analysis

4

AVTE has an average technical rating and also the quality of the setup is only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

2.15

2.83

We found 3 important support areas.

  • A support zone ranging from 2.52 to 2.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.26 from a trend line in the daily time frame.
  • Support @2.17 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • 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.
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
CRS12.16
Mansfield-8.3
10 Day High2.87
10 Day Low2.53
20 Day High3
20 Day Low2.07
52 Week High32.42
52 Week Low1.25
Performance
1 Week-3.8%
2 Weeks-6.99%
1 Month8.12%
3 Month35.29%
6 Month-85.2%
12 Month-84.08%
2 Year-86.57%
3 Year-81.55%
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)-0.02
RSI(14)55
LBB2.31
UBB2.92
AVTE Daily chart

AEROVATE THERAPEUTICS INC

NASDAQ:AVTE (11/18/2024, 8:10:11 PM)

After market: 2.5205 -0.01 (-0.38%)

2.53

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week-3.8%
2 Weeks-6.99%
1 Month8.12%
3 Month35.29%
6 Month-85.2%
12 Month-84.08%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.18
ATR(20)%6.24%
ATR Inc
Range Today0.11
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 High2.87
10 Day Low2.53
20 Day High3
20 Day Low2.07
52 Week High32.42
52 Week Low1.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume236.00K
Volume Incr-82.83%
Vol(5)338.94K
Vol(50)933.66K