Technical Analysis for ADVM - Adverum Biotechnologies, Inc.

Grade Last Price % Change Price Change
F 6.97 1.60% 0.11
ADVM closed up 1.6 percent on Monday, July 1, 2024, on approximately normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Doji - Bullish? Reversal 0.00%
Volume Surge Other 1.60%
20 DMA Resistance Bearish -0.14%
Shooting Star Candlestick Bearish -0.14%
Doji - Bearish? Reversal -0.14%
Up 3 Days in a Row Strength -0.14%
Up 4 Days in a Row Strength -0.14%
Pocket Pivot Bullish Swing Setup 0.87%
Gapped Up Strength 0.87%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 6 hours ago
Down 3% about 6 hours ago
Possible Inside Day about 6 hours ago
Down 2 % about 7 hours ago
Down 1% about 10 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 6.38
Average Volume 385,066
200-Day Moving Average 11.43
50-Day Moving Average 8.41
20-Day Moving Average 7.24
10-Day Moving Average 6.87
Average True Range 0.50
RSI (14) 38.27
ADX 19.61
+DI 18.61
-DI 25.17
Chandelier Exit (Long, 3 ATRs) 6.84
Chandelier Exit (Short, 3 ATRs) 7.89
Upper Bollinger Bands 8.09
Lower Bollinger Band 6.39
Percent B (%b) 0.34
BandWidth 23.51
MACD Line -0.48
MACD Signal Line -0.56
MACD Histogram 0.08
Fundamentals Value
Market Cap 704.16 Million
Num Shares 101 Million
EPS -1.26
Price-to-Earnings (P/E) Ratio -5.53
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) 7.60
Resistance 3 (R3) 7.54 7.27 7.50
Resistance 2 (R2) 7.27 7.11 7.30 7.46
Resistance 1 (R1) 7.12 7.01 6.99 7.18 7.42
Pivot Point 6.85 6.85 6.78 6.88 6.85
Support 1 (S1) 6.70 6.69 6.57 6.76 6.52
Support 2 (S2) 6.43 6.59 6.46 6.48
Support 3 (S3) 6.28 6.43 6.45
Support 4 (S4) 6.34