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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
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MarketClub’s Trade Triangles for MNOV
The long-term trend has been UP since Sep 3rd, 2024 at 1.4800
The intermediate-term trend has been UP since Nov 12th, 2024 at 1.8495
The short-term trend has been DOWN since Nov 18th, 2024 at 1.8000
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.79 | 1.94 | 1.79 | 1.93 | +0.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.90 | 42356 | 2024-11-19 15:08:59 |
| Year High | 14.5 | Year High Date | 2018-03-13 |
| Year Low | 6.49 | Year Low Date | 2018-01-02 |
| 52wk High | 2.55 | 52wk High Date | 2024-11-12 |
| 52wk Low | 1.12 | 52wk Low Date | 2024-08-12 |
| Year End Close | 1.64 | Average Volume | 139,706 |
| Shares Outstanding | 49,046 | Short Interest | 134,084 |
| % Institutional | 18.2 | Market Cap | 396M |
| Assets | 58,119,421M | Liabilities | 3,053,860M |
| Beta | 1.28 | Volatility | 73.79 |