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(ADVM) Adverum Biotechnologies complete technical analysis [charts+indicators] | Buy/Sell Adverum Biotechnologies | (ADVM) share price targets

Complete technical analysis of Adverum Biotechnologies (ADVM) by charts plus indicators, forecast predictions and share price targets for Adverum Biotechnologies (ADVM)

Adverum Biotechnologies trades in USA in Health Care sector.

10 day averaged volume of Adverum Biotechnologies is 415168

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 8.04 8.17 8.38 7.85 4.322 times
16 Thu May 2024 8.25 8.77 8.77 8.15 0.852 times
15 Wed May 2024 8.75 9.00 9.06 8.68 0.609 times
14 Tue May 2024 8.93 9.27 9.45 8.78 0.56 times
13 Mon May 2024 9.17 9.33 9.47 9.04 0.526 times

Stock of Adverum Biotechnologies (ADVM) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 7.8, for a target of 8.8 or 9.67

Share price targets for Adverum Biotechnologies (ADVM)

Target Type Value
Downside Target 0.75
Downside Target 1.03
Downside Target 1.12
Downside Target 1.40
Downside Target 2.97
Downside Target 7.85
Upside Target 8.76
Upside Target 9.11
Upside Target 9.47
Upside Target 10.84
Upside Target 10.98
Upside Target 11.87
Upside Target 12.09
Upside Target 14.21
Upside Target 17.65

Intraday share price targets for Adverum Biotechnologies (ADVM)

Target Type Value
Downside Intraday Target 7.44
Downside Intraday Target 6.83
Upside Intraday Target 9.06
Upside Intraday Target 10.07
Upside Intraday Target 8.45

Weekly technical analysis of Adverum Biotechnologies (ADVM)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 8.04 9.33 9.47 7.85 2.194 times
10 Fri May 2024 9.30 10.49 10.84 9.19 0.503 times
03 Fri May 2024 10.43 9.29 10.98 8.76 1.024 times
26 Fri Apr 2024 9.19 11.37 11.87 9.11 5.365 times
19 Fri Apr 2024 11.34 11.72 12.09 10.92 0.308 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Adverum Biotechnologies (ADVM)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 8.04 9.60 10.84 7.85 0.869 times
30 Tue Apr 2024 9.72 14.21 14.21 8.76 0.203 times
28 Thu Mar 2024 14.14 1.98 17.65 1.40 0.368 times
29 Thu Feb 2024 1.98 1.04 2.97 1.03 5.604 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Adverum Biotechnologies (ADVM)

Indicator Name Indicator Value Indicator Signal
ADX 19, 32, 24 Sell
MACD -0, 0Sell
Stochastics 4Sell
CCI -130Sell
RSI 70Buy
OBV -3371379Sell
VWAP 9Sell
ADL 0Sell
ROC -23Sell
Force Index 0Sell

Price action analysis of Adverum Biotechnologies ( (ADVM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Adverum Biotechnologies ( (ADVM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Adverum Biotechnologies ( (ADVM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Adverum Biotechnologies ( (ADVM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Adverum Biotechnologies stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Adverum Biotechnologies in short term and the sell signal is strong.

Adverum Biotechnologies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Adverum Biotechnologies in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Adverum Biotechnologies is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.8 and Adverum Biotechnologies (ADVM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Adverum Biotechnologies (ADVM) stock. Volume based technical analysis of Adverum Biotechnologies (ADVM) stock is negative.

Adverum Biotechnologies Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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