MEDICENNA THERAPEUTICS CORP (MDNA.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:MDNA - CA58490H1073 - Common Stock
Taking everything into account, MDNA scores 0 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 89% of all other stocks performed better in the past year than MDNA.
- MDNA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month MDNA has a been trading in the 0.90 - 1.19 range, which is quite wide. It is currently trading near the lows of this range.
- MDNA is part of the Biotechnology industry. There are 23 other stocks in this industry, MDNA did better than 50% of them.
Although the technical rating is bad, MDNA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for MDNA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.82
We found 2 important support areas.
- Support @0.93 from a trend line in the daily time frame.
- Support @0.83 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.95 to 0.96. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @1.01 from a horizontal line in the daily time frame.
- Resistance @1.49 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 | 11.05 | NEGATIVE | MDNA.CA has a low relative strength, it was outperformed by 88.95% 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) | 34.64 | NEUTRAL | The RSI value for MDNA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MDNA.CA has a positive trend. |
| Stochastics (14,3) | 22.55 | NEUTRAL | The Stochastics value for MDNA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.42 | HIGH VOLATILITY | The high ATR as a percentage value for MDNA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.01 | POSITIVE | The high ADX value value for MDNA.CA suggests a strong trend. |
TSX:MDNA (1/13/2026, 7:00:00 PM)
0.95
+0.01 (+1.06%)
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 34.6436. 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 support level at 0.93 and a resistance level at 0.95. Check the full technical report for our detailed analysis of MDNA.CA support and resistance levels.