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Stock Trend Analysis Report

Prepared for you on Friday, December 13, 2024.

MediciNova, Inc. (NASDAQ:MNOV)

Countertrend Up (+85) - MNOV is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MNOV
Open High Low MNOV Price Change
2.15 2.15 2.08 2.11 -0.03
Entry Signal

MarketClub’s Trade Triangles for MNOV

long term up The long-term trend has been UP since Sep 3rd, 2024 at 1.4800

intermediate term up The intermediate-term trend has been UP since Nov 12th, 2024 at 1.8495

short term down The short-term trend has been DOWN since Dec 11th, 2024 at 2.2100

Smart Scan Analysis for MNOV

Based on our trend formula, MNOV is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for MNOV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.15 2.15 2.08 2.11 -0.03
Prev. Close Volume Bid Ask Time
2.14 37886 2024-12-13 15:59:18
Year High14.5Year High Date2018-03-13
Year Low6.49Year Low Date2018-01-02
52wk High2.5552wk High Date2024-11-12
52wk Low1.1252wk Low Date2024-08-12
Year End Close1.64Average Volume63,806
Shares Outstanding49,046Short Interest134,084
% Institutional18.2Market Cap396M
Assets58,119,421MLiabilities3,053,860M
Beta1.28Volatility73.79
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