Technical Analysis for ADVM - Adverum Biotechnologies, Inc.

Grade Last Price % Change Price Change
F 9.19 -2.13% -0.20
ADVM closed down 2.13 percent on Friday, April 26, 2024, on 3.24 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: May 9
*** please verify all earnings dates ***
4 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Volume Surge Other 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Multiple of Ten Bearish Other 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Volume Surge Other -2.13%

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Profile

Adverum Biotechnologies, Inc. Description

Adverum Biotechnologies, Inc., a gene therapy company, engages in discovering and developing novel medicines that offer therapeutic benefit to patients suffering from chronic or debilitating disease. It primary focuses on developing AVA-101, which is in a Phase IIa trial for the treatment of wet age-related macular degeneration (AMD). The company is also developing AVA-201, a product candidate for the prevention of wet AMD; AVA-311 that is in preclinical studies for the treatment of juvenile X-linked retinoschisis, a rare genetic disease of the retina with no approved therapy; and AVA-322 and AVA-323 for the treatment of color vision deficiency. Avalanche Biotechnologies, Inc. has a collaboration agreement with Regeneron Pharmaceuticals, Inc. to research, develop, and commercialize gene therapy products. The company was formerly known as Avalanche Biotechnologies, Inc. and changed its name to Adverum Biotechnologies, Inc. in May 2016. Adverum Biotechnologies, Inc. was founded in 2006 and is headquartered in Menlo Park, California.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Disease Gene Therapy Macular Degeneration Genetic Diseases Retina Wet Age Related Macular Degeneration Rare Genetic Disease Gene Therapy Products Regeneron Adverum Biotechnologies Gene Therapy Of The Human Retina

Is ADVM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 29.7
52 Week Low 7.21
Average Volume 246,166
200-Day Moving Average 13.73
50-Day Moving Average 15.51
20-Day Moving Average 11.74
10-Day Moving Average 10.81
Average True Range 1.01
RSI (14) 13.04
ADX 39.54
+DI 7.90
-DI 33.45
Chandelier Exit (Long, 3 ATRs) 12.12
Chandelier Exit (Short, 3 ATRs) 12.15
Upper Bollinger Bands 14.17
Lower Bollinger Band 9.31
Percent B (%b) -0.02
BandWidth 41.41
MACD Line -1.47
MACD Signal Line -1.37
MACD Histogram -0.0979
Fundamentals Value
Market Cap 928.44 Million
Num Shares 101 Million
EPS -1.26
Price-to-Earnings (P/E) Ratio -7.29
Price-to-Sales 62.39
Price-to-Book 1.70
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.68
Resistance 3 (R3) 10.81 10.46 10.43
Resistance 2 (R2) 10.46 10.08 10.39 10.34
Resistance 1 (R1) 9.82 9.84 9.65 9.69 10.26
Pivot Point 9.47 9.47 9.38 9.40 9.47
Support 1 (S1) 8.83 9.09 8.66 8.70 8.12
Support 2 (S2) 8.48 8.85 8.41 8.04
Support 3 (S3) 7.84 8.48 7.95
Support 4 (S4) 7.71