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Stock Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
Novan, Inc. (NASDAQ:NOVN)
Crossroads (-60) - NOVN is struggling to move into a solid trend. Beware of choppy markets 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 UP since Dec 21st, 2020 at 0.750
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 1.400
The short-term trend has been DOWN since Mar 4th, 2021 at 1.525
Smart Scan Analysis for NOVN
Based on our trend formula, NOVN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.4300 | 1.4800 | 1.1200 | 1.4493 | +0.0793 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.4500 | 9682564 | 2021-03-05 15:59:56 |
| Year High | 4.52 | Year High Date | 2018-01-03 |
| Year Low | 1.79 | Year Low Date | 2018-11-28 |
| 52wk High | 2.59 | 52wk High Date | 2021-02-16 |
| 52wk Low | 0.28 | 52wk Low Date | 2020-03-17 |
| Average Volume | 18,591,275 | Shares Outstanding | 141,514 |
| Market Cap | 71M | Assets | 46,829,000M |
| Liabilities | 43,852,000M | Volatility | 68.01 |