Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

MediciNova, Inc. (NASDAQ:MNOV)

Strong Downtrend (-100) - MNOV is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MNOV continues to fall. 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.

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

Open High Low MNOV Price Change
2.07 2.20 1.89 1.99 -0.11
Entry Signal

MarketClub’s Trade Triangles for MNOV

long term down The long-term trend has been DOWN since Dec 28th, 2022 at 1.96

intermediate term down The intermediate-term trend has been DOWN since Feb 13th, 2023 at 2.35

short term down The short-term trend has been DOWN since Mar 17th, 2023 at 2.10

Smart Scan Analysis for MNOV

Based on our trend formula, MNOV is rated as a -100 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
2.07 2.20 1.89 1.99 -0.11
Prev. Close Volume Bid Ask Time
1.95 77410 2023-03-17 15:59:50
Year High14.5Year High Date2018-03-13
Year Low6.49Year Low Date2018-01-02
52wk High3.1852wk High Date2022-04-18
52wk Low1.8952wk Low Date2023-03-17
Year End Close1.64Average Volume20,904
Shares Outstanding49,046Short Interest134,084
% Institutional18.2Market Cap396M
Get a free daily analysis and signals for MediciNova, Inc. (MNOV) - Request Your Free Report.