Is MediciNova, Inc. technically bullish or bearish?

As of 2 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD indicating bearish momentum, while the monthly MACD shows a mildly bullish signal. The Bollinger Bands are also reflecting a mildly bearish trend on the weekly chart and bearish on the monthly. Daily moving averages remain bearish, reinforcing the overall negative sentiment. The KST indicates mild bullishness on both weekly and monthly time frames, but this is countered by the lack of clear trends in the Dow Theory and OBV. Overall, the mixed signals suggest a cautious outlook with bearish tendencies prevailing.