Technical Analysis for MNOV - MediciNova, Inc.

Grade Last Price % Change Price Change
D 1.66 -1.19% -0.02
MNOV closed down 1.19 percent on Friday, November 1, 2024, on 80 percent of normal volume. It ran into resistance at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
Earnings due: Nov 7
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Gapped Down Weakness -1.19%
Lower Bollinger Band Walk Weakness -5.14%
Gapped Down Weakness -5.14%
Stochastic Buy Signal Bullish -5.14%
Pocket Pivot Bullish Swing Setup -5.14%
Lower Bollinger Band Walk Weakness -5.14%
Lower Bollinger Band Touch Weakness -5.14%

   Recent Intraday Alerts

Alert Time
Reversed from Up about 20 hours ago
Rose Above Previous Day's High about 23 hours ago
50 DMA Resistance about 23 hours ago
20 DMA Resistance about 23 hours ago
10 DMA Resistance about 23 hours ago

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Profile

MediciNova, Inc. Description

MediciNova, Inc., a development stage biopharmaceutical company, focuses on acquiring and developing small molecule therapeutics for the treatment of serious diseases for the United States market. The company's principal product candidates include MN-166, an ibudilast-based drug candidate, which is in Phase I and Phase II clinical trials for the treatment of drug dependence and pain; and MN-221, a ß2 -adrenergic receptor agonist that has completed Phase II clinical trials for the treatment of acute exacerbations of asthma. It also has other product candidates in the clinical development for the treatment of acute exacerbations of asthma, multiple sclerosis and other central nervous system disorders, bronchial asthma, interstitial cystitis, solid tumor cancers, generalized anxiety disorders/insomnia, preterm labor, urinary incontinence, and thrombotic disorders. MediciNova, Inc. was founded in 2000 and is headquartered in La Jolla, California.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Medicine Pain Clinical Development Medication Multiple Sclerosis Asthma Respiratory Therapy Central Nervous System Disorders Nervous System Disorders Solid Tumor Cancers Insomnia Molecule Therapeutics Pulmonology Urinary Incontinence Bronchial Asthma Interstitial Cystitis

Is MNOV a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Recent News

Date Title
Oct 23 MediciNova Announces Update of Phase 2/3 Clinical Trial of MN-166 (ibudilast) in ALS patients (COMBAT-ALS) at the 2024 Annual NEALS Meeting (Northeast Amyotrophic Lateral Sclerosis Consortium)
Oct 7 MediciNova (NASDAQ:MNOV) shareholders have endured a 73% loss from investing in the stock five years ago
Sep 9 MediciNova Announces Abstract Regarding MN-166 (ibudilast) in COMBAT-ALS Clinical Trial Accepted for Poster Presentation at the 35th International Symposium on ALS / MND
Sep 3 MediciNova Announces Acceptance of Abstract Regarding MN-166 (ibudilast) in COMBAT-ALS Clinical Trial for Presentation at the 2024 Annual NEALS (Northeast Amyotrophic Lateral Sclerosis Consortium) Meeting
Aug 27 MediciNova (NASDAQ:MNOV) Is In A Good Position To Deliver On Growth Plans
Jun 20 MediciNova Chief Business Officer David H. Crean, Ph.D. Assumes Communications Role Overseeing Investor Engagement and Public Relations
Jun 5 MediciNova Receives Notice of Allowance for New Patent Covering MN-166 (ibudilast) for the Prevention of Metastasis of Various Solid Cancer
Jun 4 MNOV: Multiple Abstracts Presented at 92nd EAS Congress…
Jun 3 MediciNova Announces Data from Phase 1b/2a Clinical Trial of MN-166 (ibudilast) in Glioblastoma Patients at the American Society of Clinical Oncology (ASCO) Annual Meeting 2024
May 28 MediciNova Announces Two Poster Presentations at the 92nd EAS Congress 2024, the Annual Meeting of the European Atherosclerosis Society Regarding the Use of MN-001 (Tipelukast) for Cardiometabolic Conditions
See more MNOV news...

Indicators

Indicator Value
52 Week High 2.16
52 Week Low 1.12
Average Volume 45,674
200-Day Moving Average 1.47
50-Day Moving Average 1.79
20-Day Moving Average 1.79
10-Day Moving Average 1.72
Average True Range 0.12
RSI (14) 41.86
ADX 16.9
+DI 27.05
-DI 21.98
Chandelier Exit (Long, 3 ATRs) 1.71
Chandelier Exit (Short, 3 ATRs) 1.93
Upper Bollinger Bands 2.00
Lower Bollinger Band 1.59
Percent B (%b) 0.18
BandWidth 22.99
MACD Line -0.04
MACD Signal Line -0.02
MACD Histogram -0.0202
Fundamentals Value
Market Cap 81.42 Million
Num Shares 49 Million
EPS -0.19
Price-to-Earnings (P/E) Ratio -8.74
Price-to-Sales 69.40
Price-to-Book 1.07
PEG Ratio -0.94
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.99
Resistance 3 (R3) 2.01 1.93 1.93
Resistance 2 (R2) 1.93 1.85 1.92 1.91
Resistance 1 (R1) 1.80 1.80 1.75 1.77 1.89
Pivot Point 1.71 1.71 1.69 1.70 1.71
Support 1 (S1) 1.58 1.63 1.54 1.55 1.43
Support 2 (S2) 1.50 1.58 1.48 1.41
Support 3 (S3) 1.36 1.50 1.39
Support 4 (S4) 1.33