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Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Novan, Inc. (NASDAQ:NOVN)
Countertrend Down (-85) - NOVN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 May 25th, 2021 at 1.0300
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 8.8333
The short-term trend has been UP since Oct 20th, 2021 at 7.6900
Smart Scan Analysis for NOVN
Based on our trend formula, NOVN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.6000 | 7.6837 | 7.3800 | 7.3800 | -0.2900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.6700 | 149446 | 2021-10-21 15:59:25 |
| Year High | 4.52 | Year High Date | 2018-01-03 |
| Year Low | 1.79 | Year Low Date | 2018-11-28 |
| 52wk High | 25.9 | 52wk High Date | 2021-02-16 |
| 52wk Low | 4.35 | 52wk Low Date | 2020-11-02 |
| Average Volume | 226,803 | Shares Outstanding | 18,813 |
| Market Cap | 71M | Assets | 79,716,000M |
| Liabilities | 47,390,000M | P/E Ratio | -3.676 |
| Volatility | 68.01 |