Stock Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
Novan, Inc. (NASDAQ:NOVN)
Weak Downtrend (-65) - NOVN is showing signs of a strengthening downtrend. Monitor NOVN as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for NOVN
The long-term trend has been UP since Dec 21st, 2020 at 0.7500
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 1.4000
The short-term trend has been DOWN since May 3rd, 2021 at 1.2801
Smart Scan Analysis for NOVN
Based on our trend formula, NOVN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|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||0.3||52wk Low Date||2020-09-04|
|Average Volume||4,733,412||Shares Outstanding||141,514|