(MNOV) Medicinova Inc complete technical analysis [charts+indicators] | Buy/Sell Medicinova Inc | (MNOV) share price targets
Complete technical analysis of Medicinova Inc (MNOV) by charts plus indicators, forecast predictions and share price targets for Medicinova Inc (MNOV)
Medicinova Inc trades in USA in Health Care sector.
Showing technical analysis as on 2024-08-15 View latest technical analysis
10 day averaged volume of Medicinova Inc is 14362
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 1.16 | 1.15 | 1.18 | 1.15 | 0.348 times |
| 14 Wed Aug 2024 | 1.14 | 1.14 | 1.14 | 1.14 | 0.056 times |
| 13 Tue Aug 2024 | 1.13 | 1.21 | 1.21 | 1.12 | 0.508 times |
| 12 Mon Aug 2024 | 1.13 | 1.16 | 1.16 | 1.12 | 0.682 times |
| 09 Fri Aug 2024 | 1.16 | 1.16 | 1.17 | 1.15 | 0.644 times |
| 08 Thu Aug 2024 | 1.15 | 1.15 | 1.18 | 1.14 | 0.661 times |
| 07 Wed Aug 2024 | 1.13 | 1.23 | 1.23 | 1.13 | 1.365 times |
| 06 Tue Aug 2024 | 1.19 | 1.22 | 1.24 | 1.17 | 1.852 times |
| 05 Mon Aug 2024 | 1.21 | 1.27 | 1.29 | 1.21 | 2.576 times |
| 02 Fri Aug 2024 | 1.29 | 1.30 | 1.32 | 1.29 | 1.398 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.2, but if it comes above 1.2, then a intra day buy could be more profitable.
If you take a sell trade below 1.2, then use 1.2 as stoploss and 1.1 as target. However if you take a buy trade in stock , then use 1.2 as stoploss and 1.24 as target.
Share price targets for Medicinova Inc (MNOV)
| Target Type | Value |
| Downside Target | 1.12 |
| Upside Target | 1.21 |
| Upside Target | 1.28 |
| Upside Target | 1.33 |
| Upside Target | 1.34 |
| Upside Target | 1.37 |
| Upside Target | 1.47 |
| Upside Target | 1.55 |
| Upside Target | 1.64 |
Intraday share price targets for Medicinova Inc (MNOV)
| Target Type | Value |
| Downside Intraday Target | 1.12 |
| Downside Intraday Target | 1.07 |
| Upside Intraday Target | 1.21 |
| Upside Intraday Target | 1.25 |
| Upside Intraday Target | 1.16 |
Weekly technical analysis of Medicinova Inc (MNOV)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 1.16 | 1.16 | 1.21 | 1.12 | 0.225 times |
| 09 Fri Aug 2024 | 1.16 | 1.27 | 1.29 | 1.13 | 1.262 times |
| 02 Fri Aug 2024 | 1.29 | 1.33 | 1.34 | 1.29 | 1.692 times |
| 26 Fri Jul 2024 | 1.31 | 1.32 | 1.37 | 1.29 | 0.782 times |
| 19 Fri Jul 2024 | 1.34 | 1.47 | 1.47 | 1.33 | 1.186 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Medicinova Inc (MNOV)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 1.16 | 1.33 | 1.34 | 1.12 | 0.571 times |
| 31 Wed Jul 2024 | 1.34 | 1.46 | 1.47 | 1.29 | 0.368 times |
| 28 Fri Jun 2024 | 1.44 | 1.42 | 1.47 | 1.28 | 1.545 times |
| 31 Fri May 2024 | 1.36 | 1.32 | 1.55 | 1.29 | 0.684 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Medicinova Inc (MNOV)
Price action analysis of Medicinova Inc ( (MNOV) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Medicinova Inc ( (MNOV) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Medicinova Inc ( (MNOV) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Medicinova Inc ( (MNOV) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Medicinova Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Medicinova Inc in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Medicinova Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Medicinova Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Medicinova Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.19 and Medicinova Inc (MNOV) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Medicinova Inc (MNOV) stock. Volume based technical analysis of Medicinova Inc (MNOV) stock is negative.
Medicinova Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Medicinova Inc ( (MNOV) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Medicinova Inc ( (MNOV) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Medicinova Inc ( (MNOV) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Medicinova Inc ( (MNOV) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Medicinova Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Medicinova Inc in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Medicinova Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Medicinova Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Medicinova Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.19 and Medicinova Inc (MNOV) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Medicinova Inc (MNOV) stock. Volume based technical analysis of Medicinova Inc (MNOV) stock is negative.
Medicinova Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.