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New Horizon Aircraft Ltd.

HOVR•NASDAQ
Industrials
Aerospace & Defense
$1.96
$0.08(4.26%)
U.S. Market opens in 2h 51m

New Horizon Aircraft Ltd. (HOVR) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for New Horizon Aircraft Ltd. (NASDAQ:HOVR).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

HOVR Technical Analysis Summary

New Horizon Aircraft Ltd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.58)
Trend Strength:Weak (ADX: 18.40)
Volatility:High (ATR: 0.17)
Support/Resistance:$1.58 – $2.22 (Bollinger Bands)

This mix signals that New Horizon Aircraft Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 48.58

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 66.01

Bullish
Buying momentum building without extremes.

Williams %R: -35.00

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 2.47

Bullish
Steady upward momentum.

Takeaway:New Horizon Aircraft Ltd. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.04

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.40

Weak
Weak trend, market trading sideways.

ATR (14): 0.17

Low
Low volatility, stable price action.

CCI (14): 39.81

Bullish
Bullish, momentum building upward.

Takeaway:New Horizon Aircraft Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.22
Middle Band (SMA 20)
$1.90
Lower Band
$1.58
Current Position
Within Bands

Takeaway:New Horizon Aircraft Ltd. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$2.23
Middle Line (EMA 20)
$1.89
Lower Channel
$1.54
Squeeze Status
Squeeze On

Takeaway:New Horizon Aircraft Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.69M
Money Flow Index46.15Neutral, balanced money flows with no clear signal.
Relative Vigor Index38.81Bearish, price momentum favors sellers.

Overall Takeaway:HOVR shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of New Horizon Aircraft Ltd., here are the key trading signals and recommendations:

Bullish Signals

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:New Horizon Aircraft Ltd. shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ