Is Avidity Biosciences, Inc. technically bullish or bearish?

Sep 23 2025 11:20 AM IST
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As of September 19, 2025, Avidity Biosciences, Inc. has a mildly bullish technical trend, supported by positive weekly and monthly MACD indicators, bullish moving averages, and outperformance against the S&P 500 over the past week, despite mixed signals in longer-term metrics.
As of 19 September 2025, the technical trend for Avidity Biosciences, Inc. changed from bullish to mildly bullish. The weekly MACD is bullish, and the monthly MACD is also bullish, indicating positive momentum. The daily moving averages are bullish, while the Bollinger Bands show a bullish stance on the weekly and mildly bullish on the monthly. The KST is bullish weekly but mildly bearish monthly, and the Dow Theory indicates a mildly bullish trend on the monthly timeframe.

In terms of performance, Avidity has outperformed the S&P 500 in the past week with a return of 5.27% compared to 1.22%, but it has underperformed over the past month and year. Overall, the current technical stance is mildly bullish, supported by several bullish indicators, despite some mixed signals in the longer-term metrics.
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