(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 2024-10-16 View latest technical analysis
10 day averaged volume of Medicinova Inc is 10640
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 1.85 | 1.78 | 1.87 | 1.78 | 2.641 times |
| 15 Tue Oct 2024 | 1.81 | 1.78 | 1.81 | 1.76 | 0.789 times |
| 14 Mon Oct 2024 | 1.77 | 1.76 | 1.79 | 1.75 | 0.348 times |
| 11 Fri Oct 2024 | 1.78 | 1.88 | 1.88 | 1.70 | 3.825 times |
| 10 Thu Oct 2024 | 1.97 | 1.91 | 1.97 | 1.90 | 0.216 times |
| 09 Wed Oct 2024 | 1.95 | 1.95 | 1.98 | 1.95 | 0.301 times |
| 08 Tue Oct 2024 | 1.95 | 1.92 | 2.00 | 1.92 | 1.682 times |
| 07 Mon Oct 2024 | 1.99 | 1.92 | 2.05 | 1.92 | 0.771 times |
| 04 Fri Oct 2024 | 1.98 | 1.95 | 2.07 | 1.95 | 0.836 times |
| 03 Thu Oct 2024 | 1.97 | 1.99 | 1.99 | 1.97 | 0.226 times |
Stock of Medicinova Inc (MNOV) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1.8 as stoploss in an intra day buy trade for a target of 1.93. However, stock will show a bearish move below 1.8.
Share price targets for Medicinova Inc (MNOV)
| Target Type | Value |
| Downside Target | 1.12 |
| Downside Target | 1.28 |
| Downside Target | 1.47 |
| Downside Target | 1.50 |
| Downside Target | 1.55 |
| Downside Target | 1.70 |
| Downside Target | 1.75 |
| Upside Target | 1.87 |
| Upside Target | 1.95 |
| Upside Target | 2.00 |
| Upside Target | 2.05 |
| Upside Target | 2.08 |
| Upside Target | 2.10 |
| Upside Target | 2.15 |
Intraday share price targets for Medicinova Inc (MNOV)
| Target Type | Value |
| Downside Intraday Target | 1.78 |
| Downside Intraday Target | 1.7 |
| Upside Intraday Target | 1.9 |
| Upside Intraday Target | 1.94 |
| Downside Intraday Target | 1.82 |
Weekly technical analysis of Medicinova Inc (MNOV)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 1.85 | 1.76 | 1.87 | 1.75 | 0.556 times |
| 11 Fri Oct 2024 | 1.78 | 1.92 | 2.05 | 1.70 | 0.835 times |
| 04 Fri Oct 2024 | 1.98 | 2.05 | 2.10 | 1.95 | 0.756 times |
| 27 Fri Sep 2024 | 1.91 | 1.93 | 2.08 | 1.75 | 0.564 times |
| 20 Fri Sep 2024 | 1.90 | 1.79 | 2.00 | 1.55 | 0.78 times |
Price has moved up 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 |
| 16 Wed Oct 2024 | 1.85 | 2.10 | 2.10 | 1.70 | 0.096 times |
| 30 Mon Sep 2024 | 2.10 | 1.52 | 2.15 | 1.50 | 2.072 times |
| 30 Fri Aug 2024 | 1.50 | 1.33 | 1.50 | 1.12 | 2.887 times |
| 31 Wed Jul 2024 | 1.34 | 1.46 | 1.47 | 1.29 | 0.368 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.
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 green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 1.86 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 positive
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.
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 green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 1.86 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.