MNOV NASDAQ Week ended 31 Jul 2026

Weekly Investor Report

MediciNova Inc · Healthcare · Biotechnology

Latest close 1.33 USD
0.8% latest week
Weekly setup

Weak trend

The weekly trend is not active. Price is -7.4% below the Trend Line and sits at 20.5% of its 52-week range. The latest completed week returned 0.8%, after a -7.0% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is neither clearly cheap nor expensive. Options positioning is volatility with 53/100 conviction, while the latest news-sentiment score is 55/100. Near-term considerations: volume confirmation is below normal; earnings are due in 11d.

Setup score 26 out of 100
Latest Close 1.33 USD 31 Jul 2026
1W Return 0.8% latest completed week
4W Return -7.0% short-term follow-through
12W Return -5.0% quarterly tape
Trend Breadth 30.8% 16 of 52 weeks active
Volume Ratio 0.8x vs 13-week average
What is working
  • No strong opportunity cluster is confirmed yet; monitor trend and activity pressure.
What could go wrong
  • The trend backdrop is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Price is below Fair Value, so the market is still discounting the latest tape.
  • Activity pressure is negative, which weakens the current setup.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is not active. Price is -7.4% below the Trend Line and sits at 20.5% of its 52-week range. The latest completed week returned 0.8%, after a -7.0% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 0.8x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.0612-week average 0.18

12-week confirmation

Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.06Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers

No recent accumulation markers. No reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is -7.0% over four weeks, -5.0% over 12 weeks, and -7.0% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W0.8%
4W-7.0%
12W-5.0%
26W-22.7%
52W-7.0%
Active trend streak0 weeks
Active weeks in one year16
Trend breadth30.8%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-0.24Latest activity-pressure read.
Pressure change65.7%Four-week change in activity pressure.
Leadership-13.63Latest relative-leadership reading.
RS change-15.3%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is neither clearly cheap nor expensive.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 Mar 2026 Field coverage 79% Model confidence 76%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength52/100Blend of value, momentum, and quality. Underlying universe rank 49; rank 1 is best.
Value50/100Relative valuation strength. Underlying universe rank 51; rank 1 is best.
Quality49/100Profitability and accounting quality. Underlying universe rank 52; rank 1 is best.
Momentum50/100Medium-term price momentum. Underlying universe rank 51; rank 1 is best.
Growth50/100Revenue and earnings growth. Underlying universe rank 51; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
-
Price divided by trailing earnings.
Price / sales
108.9x
Market value relative to trailing revenue.
EV / EBITDA
-
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
-25.1%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
15.2%
Gross profit retained from each unit of revenue.
Operating margin
-1963.3%
Operating profit retained from revenue.
Free-cash-flow margin
-1588.9%
Free cash flow generated from revenue.
Return on invested capital
-71.8%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
-
Latest one-year revenue growth.
EPS growth
-
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-
Latest one-year free-cash-flow growth.
Piotroski F-score
1/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
-
Cash dividends relative to market value.
Buyback yield
-0.4%
Net share repurchases relative to market value.
Shareholder yield
-0.4%
Dividend yield plus net buyback yield.
Net debt / EBITDA
2.3x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Options positioningVolatility

MNOV shows volatility options pressure with a 53/100 conviction score, put-call volume ratio of 0.00, expected move of 29.5%, and Sharemaestro trend signal inactive.

Conviction53/100
Expected move29.5%
Put/call volume0.00
Pressure100
Speculation8
Volatility96
Trend agreement0
Open options detail
Insider activity3 / 0

3 acquisitions and 0 disposals in the latest 180-day insider tape.

Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.
News sentiment55/100

Weighted news tone is neutral across 53 relevant articles.

12 positive · 37 neutral · 4 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings11dNext report is scheduled for 13 Aug 2026; event risk rises as the date approaches.
Options expected move29.5%Nearest-chain priced movement where available.
52-week drawdown-32.1%Distance below the 52-week high.
13-week volatility4.0%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher9 of 2615 weeks finished lower.
Best week+15.6%Week of 20 Mar.
Worst week-11.5%Week of 27 Mar.
Latest week+0.8%Week of 31 Jul.

Shape of recent returns

Strong gains4
Modest gains5
Flat weeks2
Modest losses9
Sharp losses6
Recent vol4.0%13-week weekly-return volatility.
Base vol8.0%52-week weekly-return volatility.
Up/down split20/28Count of positive and negative weeks in the 52-week window.
Average skew7.1% / -4.8%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
31 Jul 20261.33 USD0.8%1.44 USD1.56 USD-0.24-13.63165.3KOff
24 Jul 20261.32 USD-2.2%1.44 USD1.57 USD-0.14-14.29111.1KOff
17 Jul 20261.35 USD-2.9%1.43 USD1.57 USD-0.30-14.22312.9KOff
10 Jul 20261.39 USD-2.8%1.44 USD1.58 USD-0.44-15.54179.1KOff
3 Jul 20261.43 USD8.3%1.44 USD1.59 USD-0.69-11.82499.4KOff
26 Jun 20261.32 USD0.0%1.45 USD1.59 USD-1.08-18.08461.9KOff
19 Jun 20261.32 USD7.3%1.45 USD1.60 USD-1.03-22.14298.4KOff
12 Jun 20261.23 USD-6.1%1.45 USD1.61 USD-1.02-25.93214.1KOff
5 Jun 20261.31 USD-3.7%1.47 USD1.61 USD-1.00-19.8492.0KOff
29 May 20261.36 USD-2.9%1.47 USD1.62 USD-0.94-21.06199.9KOff
22 May 20261.40 USD1.4%1.48 USD1.63 USD-0.95-16.9783.4KOff
15 May 20261.38 USD-1.4%1.47 USD1.63 USD-1.00-17.7296.0KOff
8 May 20261.40 USD0.0%1.47 USD1.64 USD-0.86-17.19100.7KOff
1 May 20261.40 USD2.2%1.46 USD1.64 USD-0.64-13.38126.1KOff
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.