MEDICINOVA INC (MNOV) Stock Technical Analysis
NASDAQ:MNOV - Nasdaq - US58468P2065 - Common Stock - Currency: USD
Overall MNOV gets a technical rating of 3 out of 10. Although MNOV is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Warning: MNOV has an average volume of 29558 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MNOV is part of the Biotechnology industry. There are 572 other stocks in this industry. MNOV outperforms 80% of them.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that MNOV is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
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 1.75 - 2.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MNOV has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
1.75
2.33
2 important support areas can be observed.
- Support @1.82 from a horizontal line in the weekly time frame.
- Support @1.77 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.92 to 2.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.06 from a horizontal line in the daily time frame.
- Resistance @2.31 from a trend 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
CRS81.88
Mansfield0.44
10 Day High2.04
10 Day Low1.75
20 Day High2.06
20 Day Low1.75
52 Week High2.55
52 Week Low1.12
Performance
1 Week-2.14%
2 Weeks-4.6%
1 Month-5.18%
3 Month-14.08%
6 Month50%
12 Month42.97%
2 Year-16.82%
3 Year-23.43%
5 Year-56.43%
10 Year-48.31%
15 Year-75.53%
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
RSI(14)43.36
LBB1.78
UBB2
NASDAQ:MNOV (2/21/2025, 8:00:01 PM)
1.83
+0.06 (+3.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.1%
1 Week-2.14%
2 Weeks-4.6%
1 Month-5.18%
3 Month-14.08%
6 Month50%
12 Month42.97%
2 Year-16.82%
3 Year-23.43%
5 Year-56.43%
10 Year-48.31%
15 Year-75.53%
Volatility
ATR(14)0.09
ATR(20)%4.78%
ATR Inc124.56%
Range Today0.11
ADR(20)0.08
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.88
Mansfield0.44
10 Day High2.04
10 Day Low1.75
20 Day High2.06
20 Day Low1.75
52 Week High2.55
52 Week Low1.12
CS1 End1.82
CR1 Start1.92
Volume & EV
DER(3)-15.39%
DER(5)-6.07%
Volume24.20K
Volume Incr98.22%
Vol(5)35.60K
Vol(50)29.56K