MEDICENNA THERAPEUTICS CORP (MDNA.CA) Stock Technical Analysis
TSX:MDNA - Toronto Stock Exchange - CA58490H1073 - Common Stock - Currency: CAD
We assign a technical rating of 6 out of 10 to MDNA. In the last year, MDNA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
94% of all other stocks performed better in the past year than MDNA.
MDNA is one of the lesser performing stocks in the Biotechnology industry. 80% of 21 stocks in the same industry do better.
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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month MDNA has a been trading in the 0.80 - 1.25 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MDNA has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.10
1.20
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.19 to 1.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for MDNA.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MDNA.CA is up. |
| ChartMill Relative Strength | 6.94 | NEGATIVE | MDNA.CA has a low relative strength, it was outperformed by 93.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MDNA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MDNA.CA is above the rising 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) | 67.44 | NEUTRAL | The RSI value for MDNA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MDNA.CA has a positive trend. |
| Stochastics (14,3) | 88.11 | OVERBOUGHT | The high Stochastics value suggests MDNA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.14 | HIGH VOLATILITY | The high ATR as a percentage value for MDNA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.16 | POSITIVE | The high ADX value value for MDNA.CA suggests a strong 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 (8/11/2025, 7:00:00 PM)
1.11
-0.08 (-6.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.72%
1 Week32.14%
2 Weeks32.14%
1 Month32.14%
3 Month-1.77%
6 Month-17.16%
12 Month-51.1%
2 Year117.65%
3 Year-9.02%
5 Year-80.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%5.14%
ATR Inc244.78%
Range Today0.15
ADR(20)0.05
ADR(20)%4.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.94
Mansfield-2.85
10 Day High1.25
10 Day Low0.81
20 Day High1.25
20 Day Low0.8
52 Week High2.63
52 Week Low0.78
CS1 EndN/A
CR1 Start1.19
Volume & EV
DER(3)0.96%
DER(5)1.52%
Volume69.54K
Volume Incr352.1%
Vol(5)114.70K
Vol(50)34.74K