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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.

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

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NASDAQ_MNOV
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).

-90
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
Assets75,419,110MLiabilities4,092,610M
Beta1.28Volatility73.79
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