Technical Analysis for ADVM - Adverum Biotechnologies, Inc.

Grade Last Price % Change Price Change
F 9.39 -7.85% -0.80
ADVM closed down 7.85 percent on Thursday, April 25, 2024, on 3.61 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 ***
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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%
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%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Signal Line Cross Bearish -7.85%
Expansion Breakdown Bearish Swing Setup -7.85%
Wide Bands Range Expansion -7.85%

   Recent Intraday Alerts

Alert Time
3x Volume Pace about 18 hours ago
Down 5% about 21 hours ago
Fell Below Lower Bollinger Band about 21 hours ago
60 Minute Opening Range Breakdown about 22 hours ago
2x Volume Pace about 22 hours ago

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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 7.1
Average Volume 234,964
200-Day Moving Average 13.79
50-Day Moving Average 15.75
20-Day Moving Average 11.99
10-Day Moving Average 11.06
Average True Range 1.02
RSI (14) 13.79
ADX 37.83
+DI 8.73
-DI 34.52
Chandelier Exit (Long, 3 ATRs) 12.11
Chandelier Exit (Short, 3 ATRs) 12.39
Upper Bollinger Bands 14.34
Lower Bollinger Band 9.64
Percent B (%b) -0.05
BandWidth 39.18
MACD Line -1.41
MACD Signal Line -1.35
MACD Histogram -0.0641
Fundamentals Value
Market Cap 948.64 Million
Num Shares 101 Million
EPS -1.26
Price-to-Earnings (P/E) Ratio -7.45
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) 10.70
Resistance 3 (R3) 10.83 10.52 10.48
Resistance 2 (R2) 10.52 10.19 10.46 10.41
Resistance 1 (R1) 9.96 9.98 9.80 9.83 10.34
Pivot Point 9.65 9.65 9.57 9.58 9.65
Support 1 (S1) 9.08 9.31 8.93 8.95 8.44
Support 2 (S2) 8.77 9.11 8.71 8.37
Support 3 (S3) 8.21 8.77 8.30
Support 4 (S4) 8.08