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.
The technical rating of MNOV 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
1.19
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.24 to 1.25. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @1.22 from a horizontal line in the weekly time frame.
- Support @1.20 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.28 to 1.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.51 from a trend line in the daily time frame.
- Resistance @1.54 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for MNOV is down. |
| ChartMill Relative Strength | 16.38 | NEGATIVE | MNOV has a low relative strength, it was outperformed by 83.62% 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 | NEGATIVE | The current price of MNOV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.62 | NEUTRAL | The RSI value for MNOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MNOV has a negative trend. |
| Stochastics (14,3) | 1.15 | OVERSOLD | The low Stochastics value suggests MNOV may be oversold. |
| Average True Range in percent/ATR (20) | 4.06 | MEDIUM VOLATILITY | The ATR as a percentage value for MNOV suggests some volalility. |
| Average Directional Index/ADX (14) | 26.15 | POSITIVE | The high ADX value value for MNOV suggests a strong trend. |
NASDAQ:MNOV (12/24/2025, 7:48:46 PM)
1.28
-0.04 (-3.03%)
MEDICINOVA INC / MNOV 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 trend direction for 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 33.6241. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for MEDICINOVA INC?
MEDICINOVA INC (MNOV) has a support level at 1.25 and a resistance level at 1.28. Check the full technical report for our detailed analysis of MNOV support and resistance levels.