MEDICENNA THERAPEUTICS CORP (MDNA) Technical Analysis
NASDAQ:MDNA • CA58490H1073
Current stock price
MDNA Technical Rating and Analysis
Taking everything into account, MDNA scores 0 out of 10 in our technical rating. 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 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 517 other stocks in this industry, of which 83% are performing better than MDNA.
- MDNA is currently making a new 52 week low. This is a very bad signal. The S&P500 Index 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 0.15 - 0.31 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MDNA Weekly and Daily overview Charts
MDNA Setup Rating and Analysis
The technical rating of MDNA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
MDNA Support and Resistance Analysis
MDNA Technical Indicator Signal Analysis
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 is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MDNA is down. |
| ChartMill Relative Strength | 3.87 | NEGATIVE | MDNA has a low relative strength, it was outperformed by 96.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MDNA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MDNA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MDNA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 16.55 | OVERSOLD | The low RSI value suggests MDNA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MDNA has a negative trend. |
| Stochastics (14,3) | 12.78 | OVERSOLD | The low Stochastics value suggests MDNA may be oversold. |
| Average True Range in percent/ATR (20) | 17.75 | HIGH VOLATILITY | The high ATR as a percentage value for MDNA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.39 | POSITIVE | The high ADX value value for MDNA suggests a strong trend. |
MDNA Chart- and CandleStick Pattern Analysis
MDNA Technicals: Chart, Performance Metrics, Trend & Indicators
0.157
-0.02 (-13.16%)
MEDICENNA THERAPEUTICS CORP / MDNA TA FAQ
Can you provide the ChartMill technical rating for MEDICENNA THERAPEUTICS CORP?
ChartMill assigns a technical rating of 0 / 10 to MDNA.
Can you provide the trend direction for MEDICENNA THERAPEUTICS CORP?
The current trend direction for MEDICENNA THERAPEUTICS CORP (MDNA) is Bearish.
What is the RSI signal for MDNA stock?
MEDICENNA THERAPEUTICS CORP (MDNA) has an RSI value of 16.5477. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for MEDICENNA THERAPEUTICS CORP?
The buy/sell signal for MEDICENNA THERAPEUTICS CORP (MDNA) is sell as both the short term and long term trends are negative.