MEDICINOVA INC (MNOV) Technical Analysis
NASDAQ:MNOV • US58468P2065
Current stock price
MNOV Technical Rating and Analysis
Taking everything into account, MNOV scores 2 out of 10 in our technical rating. MNOV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 72% of all other stocks performed better in the past year than MNOV.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- MNOV is an average performer in the Biotechnology industry, it outperforms 45% of 518 stocks in the same industry.
- MNOV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MNOV is lagging the market slightly.
- In the last month MNOV has a been trading in the 1.29 - 1.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MNOV Weekly and Daily overview Charts
MNOV Setup Rating and Analysis
Although the technical rating is bad, MNOV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.38, a Stop Loss order could be placed below this zone.
More info and screens
MNOV Support and Resistance Analysis
1.22
We found 3 important support areas.
- A support zone ranging from 1.36 to 1.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 1.27 to 1.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.23 to 1.24. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.40 to 1.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.46 to 1.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.79 from a trend line in the weekly time frame.
MNOV 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 | NEUTRAL | NEUTRAL | The long term trend for MNOV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MNOV is neutral. |
| ChartMill Relative Strength | 28.45 | NEGATIVE | MNOV has a low relative strength, it was outperformed by 71.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MNOV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MNOV is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MNOV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.81 | NEUTRAL | The RSI value for MNOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MNOV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.64 | NEUTRAL | The Stochastics value for MNOV is a neutral value. |
| Average True Range in percent/ATR (20) | 6.89 | HIGH VOLATILITY | The high ATR as a percentage value for MNOV suggests high volalility. |
| Average Directional Index/ADX (14) | 18.31 | NEGATIVE | The low ADX value for MNOV suggests a weak or negative trend. |
MNOV Chart- and CandleStick Pattern Analysis
MNOV Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MNOV (3/19/2026, 8:17:19 PM)
1.39
-0.02 (-1.42%)
MEDICINOVA INC / MNOV TA FAQ
What is the ChartMill technical rating of MEDICINOVA INC (MNOV) stock?
ChartMill assigns a technical rating of 2 / 10 to MNOV.
What is the current trend direction of MEDICINOVA INC (MNOV) stock?
The current trend direction for MEDICINOVA INC (MNOV) is Bearish.
Can you provide the RSI signal for MEDICINOVA INC?
MEDICINOVA INC (MNOV) has an RSI value of 44.8067. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MEDICINOVA INC?
The MACD indicator for MEDICINOVA INC (MNOV) has a value of 0.0065892, indicating a bearish trend.
Can you provide the short term momentum for MEDICINOVA INC?
The short term momentum for MEDICINOVA INC (MNOV) is neutral.