Adverum Biotechnologies (ADVM, $5.41) price may drop as it broke higher Bollinger Band on Mar 19, 2025

#Biotechnology, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MicroCap
ADVM - Adverum Biotechnologies
Bollinger signal
Bearish Trend
89%
Odds of DOWN Trend
Price: $5.41
Daily change: +$0.51 (+10.41%)
Daily volume: 181.4K
Capitalization: $112.5M
Industry: Biotechnology

This price move could be a signal that ADVM may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 36 similar cases where ADVM's price broke its higher Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 89%.