MEDICINOVA INC (MNOV) Technical Analysis
NASDAQ:MNOV • US58468P2065
Current stock price
MNOV Technical Rating and Analysis
Overall MNOV gets a technical rating of 1 out of 10. 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.
- 85% of all other stocks performed better in the past year than MNOV.
- MNOV is part of the Biotechnology industry. There are 516 other stocks in this industry, of which 66% are performing better than MNOV.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- MNOV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MNOV is lagging the market.
- In the last month MNOV has a been trading in the 1.36 - 1.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
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. There is a support zone below the current price at 1.41, a Stop Loss order could be placed below this zone.
More info and screens
MNOV Support and Resistance Analysis
1.22
We found 4 important support areas.
- Support @1.39 from a trend line in the weekly time frame.
- A support zone ranging from 1.34 to 1.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 1.27 to 1.30. 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.41 to 1.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.57 to 1.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.75 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 | 15.94 | NEGATIVE | MNOV has a low relative strength, it was outperformed by 84.06% 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) | DOWN | NEGATIVE | The current price of MNOV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MNOV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.94 | NEUTRAL | The RSI value for MNOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MNOV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.07 | NEUTRAL | The Stochastics value for MNOV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for MNOV suggests some volalility. |
| Average Directional Index/ADX (14) | 17.8 | 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 (4/22/2026, 12:35:25 PM)
1.41
-0.01 (-0.7%)
MEDICINOVA INC / MNOV TA FAQ
What is the ChartMill technical rating of MEDICINOVA INC (MNOV) stock?
ChartMill assigns a technical rating of 1 / 10 to MNOV.
What is the current trend direction of MEDICINOVA INC (MNOV) stock?
The current trend direction for MEDICINOVA INC (MNOV) is Bearish.
What is the RSI signal for MNOV stock?
MEDICINOVA INC (MNOV) has an RSI value of 47.9353. 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 0.00435294, indicating a bearish trend.
What is the support and resistance level for MNOV stock?
MEDICINOVA INC (MNOV) has a support level at 1.41 and a resistance level at 1.43. Check the full technical report for our detailed analysis of MNOV support and resistance levels.