Is Adverum Biotechnologies, Inc. technically bullish or bearish?

Jun 25 2025 08:53 AM IST
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As of June 9, 2025, Adverum Biotechnologies, Inc. shows a mildly bearish trend, with mixed signals from indicators like MACD and RSI, while moving averages and other metrics suggest caution.
As of 9 June 2025, the technical trend for Adverum Biotechnologies, Inc. has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD is mildly bullish on both weekly and monthly time frames, while the RSI shows a bullish signal on the monthly but no signal on the weekly. However, the moving averages are bearish on the daily, and both the KST and Bollinger Bands indicate bearish trends on the weekly and monthly. Dow Theory reflects a mildly bearish stance on the weekly, with no trend on the monthly. Overall, the mixed signals suggest a cautious outlook with a slight bearish bias.
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