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Stock Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

MediciNova, Inc (NASDAQ:MNOV)

Long-Term Downtrend (-90) - MNOV is in a strong downtrend that is likely to continue. While MNOV is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MNOV?

MarketClub looks at technical strength and momentum to determine if the timing is right for MNOV.

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Open High Low MNOV Price Change
4.02 4.15 4.01 4.14 +0.14
Entry Signal

MarketClub’s Trade Triangles for MNOV

long term down The long-term trend has been DOWN since Mar 24th, 2021 at 4.9901

intermediate term down The intermediate-term trend has been DOWN since Mar 24th, 2021 at 5.2300

short term down The short-term trend has been DOWN since Apr 30th, 2021 at 4.6300

Smart Scan Analysis for MNOV

Based on our trend formula, MNOV is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MNOV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.02 4.15 4.01 4.14 +0.14
Prev. Close Volume Bid Ask Time
4.10 407248 2021-05-07 15:59:50
Year High14.5Year High Date2018-03-13
Year Low6.49Year Low Date2018-01-02
52wk High13.2552wk High Date2020-07-27
52wk Low3.952wk Low Date2021-05-06
Year End Close1.64Average Volume351,908
Shares Outstanding48,681Short Interest134,084
% Institutional18.2Market Cap396M
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