Is MediciNova, Inc. technically bullish or bearish?

As of 12 September 2025, the technical trend for MediciNova, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a combination of indicators. The MACD is mildly bullish on a weekly basis but bearish on a monthly basis, while the KST shows a similar pattern with mild bullishness weekly and bearishness monthly. The Bollinger Bands and moving averages indicate bearish trends, particularly on the daily timeframe. Dow Theory presents a mixed view, being mildly bearish weekly and mildly bullish monthly.
In terms of performance, MediciNova has underperformed compared to the S&P 500 across multiple periods, with a year-to-date return of -40.95% versus the S&P 500's 12.22%, and a 1-year return of -20.00% compared to 17.14% for the index.