MEDICENNA THERAPEUTICS CORP (MDNA.CA) Stock Technical Analysis
TSX:MDNA - Toronto Stock Exchange - CA58490H1073 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to MDNA. MDNA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MDNA is a bad performer in the overall market: 91% of all stocks are doing better.
MDNA is one of the lesser performing stocks in the Biotechnology industry. 66% of 22 stocks in the same industry do better.
MDNA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MDNA is lagging the market.
In the last month MDNA has a been trading in the 0.94 - 1.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, MDNA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.89
2.08
When analyzing the support we can see 4 important areas.
- Support @1.00 from a trend line in the daily time frame.
- Support @0.96 from a trend line in the weekly time frame.
- Support @0.94 from a horizontal line in the daily time frame.
- Support @0.90 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @1.13 from a horizontal line in the weekly time frame.
- Resistance @1.15 from a horizontal line in the daily time frame.
- Resistance @1.18 from a trend line in the daily time frame.
- Resistance @2.06 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MDNA.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MDNA.CA is neutral. |
| ChartMill Relative Strength | 9.62 | NEGATIVE | MDNA.CA has a low relative strength, it was outperformed by 90.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MDNA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MDNA.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MDNA.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.42 | NEUTRAL | The RSI value for MDNA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MDNA.CA has a negative trend. |
| Stochastics (14,3) | 58.34 | NEUTRAL | The Stochastics value for MDNA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.24 | HIGH VOLATILITY | The high ATR as a percentage value for MDNA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.06 | NEGATIVE | The low ADX value for MDNA.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:MDNA (5/23/2025, 7:00:00 PM)
1.04
-0.06 (-5.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.45%
1 Week-2.8%
2 Weeks4%
1 Month-0.95%
3 Month-9.57%
6 Month-33.76%
12 Month-55.93%
2 Year28.4%
3 Year-19.38%
5 Year-85.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%7.24%
ATR Inc-14.15%
Range Today0.08
ADR(20)0.07
ADR(20)%6.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.62
Mansfield-4.04
10 Day High1.16
10 Day Low1.04
20 Day High1.23
20 Day Low0.94
52 Week High2.98
52 Week Low0.85
CS1 End1
CR1 Start1.13
Volume & EV
DER(3)0.4%
DER(5)0.35%
Volume181.25K
Volume Incr17.85%
Vol(5)47.65K
Vol(50)35.13K