MEDICENNA THERAPEUTICS CORP (MDNA.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:MDNA • CA58490H1073
Overall MDNA gets a technical rating of 0 out of 10. MDNA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 97% of all other stocks performed better in the past year than MDNA.
- MDNA is part of the Biotechnology industry. There are 24 other stocks in this industry, of which 78% are performing better than MDNA.
- MDNA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MDNA has a been trading in the 0.80 - 1.04 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
The technical rating of MDNA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.81
4 important resistance areas can be observed.
- A resistance zone ranging from 0.90 to 0.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.95 from a trend line in the daily time frame.
- Resistance @1.44 from a trend line in the weekly time frame.
- Resistance @1.62 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for MDNA.CA is down. |
| ChartMill Relative Strength | 3.27 | NEGATIVE | MDNA.CA has a low relative strength, it was outperformed by 96.73% 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 | NEGATIVE | The current price of MDNA.CA is below 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) | 30.55 | NEUTRAL | The RSI value for MDNA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MDNA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 8.79 | OVERSOLD | The low Stochastics value suggests MDNA.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.13 | HIGH VOLATILITY | The high ATR as a percentage value for MDNA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.49 | NEUTRAL | The ADX value for MDNA.CA suggests a possible start of a new trend. |
TSX:MDNA (2/6/2026, 7:00:00 PM)
0.82
0 (0%)
MEDICENNA THERAPEUTICS CORP / MDNA.CA FAQ
Can you provide the ChartMill technical rating for MEDICENNA THERAPEUTICS CORP?
ChartMill assigns a technical rating of 0 / 10 to MDNA.CA.
Can you provide the trend direction for MEDICENNA THERAPEUTICS CORP?
The current trend direction for MEDICENNA THERAPEUTICS CORP (MDNA.CA) is Bearish.
What is the RSI signal for MDNA stock?
MEDICENNA THERAPEUTICS CORP (MDNA.CA) has an RSI value of 30.5478. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for MEDICENNA THERAPEUTICS CORP?
The buy/sell signal for MEDICENNA THERAPEUTICS CORP (MDNA.CA) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for MEDICENNA THERAPEUTICS CORP?
MEDICENNA THERAPEUTICS CORP (MDNA.CA) has a resistance level at 0.9. Check the full technical report for our detailed analysis of MDNA.CA support and resistance levels.