Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
Medicenna Therapeutics Corp. - Common Shares (NASDAQ:MDNA)
Countertrend Down (-85) - MDNA is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MDNA?
MarketClub looks at technical strength and momentum to determine if the timing is right for MDNA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MDNA
The long-term trend has been DOWN since Mar 4th, 2021 at 3.7000
The intermediate-term trend has been DOWN since Oct 12th, 2021 at 2.3393
The short-term trend has been UP since Oct 15th, 2021 at 2.4800
Smart Scan Analysis for MDNA
Based on our trend formula, MDNA is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.84||52wk High Date||2020-12-28|
|52wk Low||1.85||52wk Low Date||2021-08-17|
|Average Volume||89,214||Shares Outstanding||48,815|