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Stock Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

Novan, Inc. (NASDAQ:NOVN)

Strong Downtrend (-100) - NOVN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOVN continues to fall. Traders should use caution 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.

NASDAQ_NOVN
Open High Low NOVN Price Change
3.2200 3.2661 2.9950 3.1105 -0.1695
Entry Signal

MarketClub’s Trade Triangles for NOVN

long term down The long-term trend has been DOWN since May 25th, 2021 at 1.0300

intermediate term down The intermediate-term trend has been DOWN since Sep 13th, 2021 at 8.8333

short term down The short-term trend has been DOWN since Jan 13th, 2022 at 3.7529

Smart Scan Analysis for NOVN

Based on our trend formula, NOVN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for NOVN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.2200 3.2661 2.9950 3.1105 -0.1695
Prev. Close Volume Bid Ask Time
3.1100 266457 2022-01-21 15:59:44
Year High4.52Year High Date2018-01-03
Year Low1.79Year Low Date2018-11-28
52wk High25.952wk High Date2021-02-16
52wk Low3.2752wk Low Date2022-01-20
Average Volume211,232Shares Outstanding18,816
Market Cap71MAssets73,887,000M
Liabilities47,702,000MP/E Ratio-3.676
Volatility68.01
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