Stock Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
NOVAN INC WTS 1/09/2022 (NASDAQ:NOVNW)
Bull Market Weakness (+75) - NOVNW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOVNW as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NOVNW?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOVNW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOVNW
The long-term trend has been UP since Jun 11th, 2021 at 0.515
The intermediate-term trend has been UP since Jun 11th, 2021 at 0.305
The short-term trend has been DOWN since Jun 15th, 2021 at 0.200
Smart Scan Analysis for NOVNW
Based on our trend formula, NOVNW is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||1.55||Year High Date||2018-01-22|
|Year Low||0.65||Year Low Date||2018-11-19|
|52wk High||0.85||52wk High Date||2021-02-17|
|52wk Low||0.0111||52wk Low Date||2020-06-15|