ADMS Adamas Pharmaceuticals NASDAQ $8.22 intraday: Oversold bounce trade setup

We see ADMS stock trading at $8.22 intraday on the NASDAQ with a relVolume of 2.35, signaling a possible oversold bounce setup. Volume today is 3,151,400 versus an average of 1,338,689, and the 50-day average price sits at 6.9972. The stock’s 52-week range is $4.02–$9.15, and the short-term technicals show tight intraday price action between $8.18 and $8.25. For traders using an oversold bounce strategy, this setup pairs heavier-than-normal trading with clear valuation and catalyst risk in the healthcare sector