Avidity biosciences inc RNA.US Trend Analysis

US StockHealth Care
(No presentation for RNA)

RNA Trend Score

3

24

15

Bearish
  • AI analysis rates RNA   with a lower trend score of 2.
  • It is mainly due to  a bearish signal from short and long-term moving averages .
  • Historically, RNA had a trend score of 2 on 47 occasions, with an average investment return of 4.07%. The loss rate was 74%, with an average decline of 7.4% for the losing trades.
  • Recently, following the change in RNA's trend score to 2, the stock price has experienced a 6.13% increase.

RNA Trend Reference Factors

Exclusive

The Trend score is derived from various data, mainly including price, volume, technical indicators and other information. The following lists two important factors when evaluating.

Update to 2025/05/10 (Daily Update)

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RNA Historical Trend Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

RNA Trend Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of RNA from 2020/06 till Now

78.64%
Cumulative Return
12.63%
Annual Return
39.95%
Volatility
0.32
Sharpe Ratio

Statistics data for entering at or above a Trend score of 4 and exiting at or below a Trend score of 2 from June, 2020 to May, 2025. (Total Trades: 15)

RNASectorUS Overall Market
Wining Rate33%30%33%
Avg Return8.8%0.9%1%
Avg Profit45.3%23.1%14.7%
Avg Loss-9.5%-8.8%-5.8%
Avg Risk-Reward Ratio477.1%261.8%252.7%

Update to 2025/5/10 (Daily Update)

Top 10 High Relevance to RNA Trend Score