MEDICINOVA INC (MNOV)
US58468P2065 - Common Stock
Taking everything into account, MNOV scores 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MNOV is a bad performer in the overall market: 88% of all stocks are doing better.
MNOV is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MNOV is lagging the market.
In the last month MNOV has a been trading in the 1.28 - 1.64 range, which is quite wide. It is currently trading near the lows of this range.
MNOV is an average performer in the Biotechnology industry, it outperforms 41% of 588 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
The technical rating of MNOV 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
1.26
2.63
When analyzing the support we notice one important area.
- A support zone ranging from 1.27 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.39 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 1.49 to 1.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.56 from a trend line in the daily time frame.
- Resistance @2.60 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.77
Mansfield-3.69
10 Day High1.5
10 Day Low1.28
20 Day High1.64
20 Day Low1.28
52 Week High2.66
52 Week Low1.26
Performance
1 Week-4.8%
2 Weeks-9.79%
1 Month-15.13%
3 Month-8.19%
6 Month-32.11%
12 Month-40.28%
2 Year-46.91%
3 Year-69.43%
5 Year-87%
10 Year-34.85%
15 Year-54.74%
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)34.66
LBB1.2
UBB1.57
MEDICINOVA INC
NASDAQ:MNOV (5/1/2024, 4:20:01 PM)
1.29
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week-4.8%
2 Weeks-9.79%
1 Month-15.13%
3 Month-8.19%
6 Month-32.11%
12 Month-40.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%5.13%
ATR Inc
Range Today0.04
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.5
10 Day Low1.28
20 Day High1.64
20 Day Low1.28
52 Week High2.66
52 Week Low1.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.98K
Volume Incr-78.13%
Vol(5)10.39K
Vol(50)41.20K