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Stock Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Novan, Inc (NASDAQ:NOVN)
Sidelines Mode (+55) - NOVN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NOVN?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOVN.
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 NOVN
The long-term trend has been DOWN since Jan 3rd, 2020 at 1.8189
The intermediate-term trend has been UP since May 12th, 2020 at 0.4251
The short-term trend has been DOWN since Jun 1st, 2020 at 0.3950
Smart Scan Analysis for NOVN
Based on our trend formula, NOVN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.4000 | 0.4109 | 0.3840 | 0.4050 | +0.0020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.4750 | 2494522 | 2020-06-01 15:59:54 |
| Year High | 4.52 | Year High Date | 2018-01-03 |
| Year Low | 1.79 | Year Low Date | 2018-11-28 |
| 52wk High | 3.72 | 52wk High Date | 2019-12-26 |
| 52wk Low | 0.215 | 52wk Low Date | 2020-02-28 |
| Average Volume | 21,457,750 | Shares Outstanding | 27,435 |
| Market Cap | 71M | Assets | 29,097,000M |
| Liabilities | 52,884,000M | P/E Ratio | -4.8 |
| Volatility | 68.01 |