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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.

Open High Low NOVN Price Change
0.4000 0.4109 0.3840 0.4050 +0.0020
Entry Signal

MarketClub’s Trade Triangles for NOVN

long term down The long-term trend has been DOWN since Jan 3rd, 2020 at 1.8189

intermediate term up The intermediate-term trend has been UP since May 12th, 2020 at 0.4251

short term down 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).

Smart Scan Analysis for NOVN
Strong Downtrend Sideways 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 High4.52Year High Date2018-01-03
Year Low1.79Year Low Date2018-11-28
52wk High3.7252wk High Date2019-12-26
52wk Low0.21552wk Low Date2020-02-28
Average Volume21,457,750Shares Outstanding27,435
Market Cap71MAssets29,097,000M
Liabilities52,884,000MP/E Ratio-4.8
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