ADVERUM BIOTECHNOLOGIES INC (ADVM)

US00773U2078 - Common Stock

9.53  +0.34 (+3.7%)

After market: 9.53 0 (0%)

Technical Rating and Analysis

0

Overall ADVM gets a technical rating of 0 out of 10. 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.
76% of all other stocks performed better in the past year than ADVM.
ADVM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ADVM is lagging the market.
In the last month ADVM has a been trading in the 8.76 - 14.16 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.
ADVM has an average volume of 1014330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ADVM is an average performer in the Biotechnology industry, it outperforms 57% of 588 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ADVM Weekly chart
ADVM Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

7.79

21.01

3 important support areas can be observed.

  • A support zone ranging from 9.18 to 9.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @8.15 from a trend line in the weekly time frame.
  • Support @7.87 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • Resistance @20.80 from a horizontal line in the weekly time frame.
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
CRS24.32
Mansfield-3.55
10 Day High12.02
10 Day Low8.76
20 Day High14.16
20 Day Low8.76
52 Week High29.7
52 Week Low7.4
Performance
1 Week-15.96%
2 Weeks-17.35%
1 Month-31.39%
3 Month-32.89%
6 Month2.34%
12 Month18%
2 Year-10.93%
3 Year-75.56%
5 Year-85.22%
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)-0.08
RSI(14)24.68
LBB9.09
UBB12.81
ADVM Daily chart

ADVERUM BIOTECHNOLOGIES INC

NASDAQ:ADVM (4/29/2024, 7:00:00 PM)

After market: 9.53 0 (0%)

9.53

+0.34 (+3.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.7%
1 Week-15.96%
2 Weeks-17.35%
1 Month-31.39%
3 Month-32.89%
6 Month2.34%
12 Month18%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.75
ATR(20)%7.99%
ATR Inc
Range Today1.2
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 High12.02
10 Day Low8.76
20 Day High14.16
20 Day Low8.76
52 Week High29.7
52 Week Low7.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume811.40K
Volume Incr192.27%
Vol(5)633.42K
Vol(50)1.01M