ADVM Stock Adverum Biotechnologies (ADVM, $6.72) Aroon Indicator entered a Downtrend on June 21, 2024.

A.I.dvisor
at Tickeron.com
06/22/24
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ADVM - Adverum Biotechnologies
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $6.72
Daily change: +$0.16 (+2.44%)
Daily volume: 124.5K
Capitalization: $139.5M
Industry: Biotechnology
For the last three days, A.I.dvisor has detected that ADVM's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for ADVM, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 332 similar cases, of which were successful. Based on this data, the odds of success are
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General Information

a developer of novel gene therapies to treat patients with sight-threatening ophthalmic diseases

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Biotechnology
Address
100 Cardinal Way
Phone
+1 650 659-9323
Employees
121
Web
https://www.adverum.com