ADVERUM BIOTECHNOLOGIES INC. - 15 min. - Technical analysis published on 04/29/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
22%
28%
50%
My opinion
Bearish under 7.79 USD
My targets
3.79 USD (-7.26%)
2.88 USD (-29.58%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for ADVERUM BIOTECHNOLOGIES INC. as long as the price remains well below 7.79 USD. The next bearish objective for sellers is set at 3.79 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.88 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 3.79 USD. With this support, against the trend traders who want to buy ADVERUM BIOTECHNOLOGIES INC. on a buy signal from their trading strategy should not hesitate to act.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
0.5
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Additional analysis
Quotes
The ADVERUM BIOTECHNOLOGIES INC. rating is 4.09 USD. The price is lower by -59.74% since the last closing and was traded between 3.98 USD and 4.46 USD over the period. The price is currently at +2.76% from its lowest and -8.30% from its highest.3.98
4.46
4.09
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ADVERUM BIOTECHNOLOGIES INC.:
Abnormal volumes
Timeframe : 5 days
Technical
A technical analysis in 15 min. of this ADVERUM BIOTECHNOLOGIES INC. chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 2.88 | 4.09 | 5.16 | 7.96 | 8.58 |
| Change (%) | -29.58% | - | +26.16% | +94.62% | +109.78% |
| Change | -1.21 | - | +1.07 | +3.87 | +4.49 |
| Level | Minor | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.37 | 9.59 | 9.88 | 10.10 | 10.39 | 10.61 | 10.90 |
| Camarilla | 10.02 | 10.07 | 10.11 | 10.16 | 10.21 | 10.25 | 10.30 |
| Woodie | 9.40 | 9.61 | 9.91 | 10.12 | 10.42 | 10.63 | 10.93 |
| Fibonacci | 9.59 | 9.79 | 9.91 | 10.10 | 10.30 | 10.42 | 10.61 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.79 | 8.24 | 8.87 | 9.32 | 9.95 | 10.40 | 11.03 |
| Camarilla | 9.20 | 9.30 | 9.40 | 9.50 | 9.60 | 9.70 | 9.80 |
| Woodie | 7.88 | 8.29 | 8.96 | 9.37 | 10.04 | 10.45 | 11.12 |
| Fibonacci | 8.24 | 8.65 | 8.91 | 9.32 | 9.73 | 9.99 | 10.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.79 | 6.45 | 8.15 | 10.81 | 12.51 | 15.17 | 16.87 |
| Camarilla | 8.66 | 9.06 | 9.46 | 9.86 | 10.26 | 10.66 | 11.06 |
| Woodie | 3.32 | 6.21 | 7.68 | 10.57 | 12.04 | 14.93 | 16.40 |
| Fibonacci | 6.45 | 8.11 | 9.14 | 10.81 | 12.47 | 13.50 | 15.17 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.65 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | -0.05 | |
| AROON (14): | -21.42 | |
| DEMA (21): | 10.24 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.31 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 10.01 | |
| Zig ZAG (10): | 10.16 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 34.30 | |
| TEMA (21): | 10.23 | |
| Williams %R (14): | -69.57 | |
| Chande Momentum Oscillator (20): | -0.04 | |
| Repulse (5,40,3): | -0.3000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 0.46 |
| MA7: | 9.60 | |
| MA20: | 9.52 | |
| MA50: | 10.59 | |
| MA100: | 11.68 | |
| MAexp7: | 10.19 | |
| MAexp20: | 10.17 | |
| MAexp50: | 10.05 | |
| MAexp100: | 9.87 | |
| Price / MA7: | -57.40% | |
| Price / MA20: | -57.04% | |
| Price / MA50: | -61.38% | |
| Price / MA100: | -64.98% | |
| Price / MAexp7: | -59.86% | |
| Price / MAexp20: | -59.78% | |
| Price / MAexp50: | -59.30% | |
| Price / MAexp100: | -58.56% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on ADVERUM BIOTECHNOLOGIES INC. at the time of the generation of this analysis was as follows:
- The Sonic Fund II, L.P. Issues Presentation Detailing Compelling Case for Immediate Board Upgrade at Adverum Biotechnologies, Inc.
- The Sonic Fund II, L.P. Files Definitive Proxy Statement and Sends Letter to Stockholders of Adverum Biotechnologies, Inc.
- The Sonic Fund II, L.P. Files Preliminary Proxy Statement Relating to the Election of Highly Qualified Independent Directors at the 2021 Annual Meeting of Adverum Biotechnologies, Inc.
-
Adverum Biotechnologies, Inc. - ADVM Stock Chart Technical Analysis for 08-13-2020
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Adverum Biotechnologies, Inc. - ADVM
This member declared not having a position on this financial instrument or a related financial instrument.
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