Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

New Horizon Aircraft Ltd.

HOVRWNASDAQ
Industrials
Aerospace & Defense
$0.36
$-0.00(-1.32%)
U.S. Market opens in 2h 51m

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

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

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

HOVRW 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 Bullish (RSI: 50.08)
Trend Strength:Weak (ADX: 9.83)
Volatility:High (ATR: 0.04)
Support/Resistance:$0.34 – $0.41 (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): 50.08

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 41.33

Neutral
Mid-range signal with no clear trend.

Williams %R: -47.62

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 8.57

Strongly Bullish
Strong upside momentum.

Takeaway:New Horizon Aircraft Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 9.83

Weak
Weak trend, market trading sideways.

ATR (14): 0.04

Low
Low volatility, stable price action.

CCI (14): 51.06

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
$0.41
Middle Band (SMA 20)
$0.38
Lower Band
$0.34
Current Position
Within Bands

Takeaway:New Horizon Aircraft Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.46
Middle Line (EMA 20)
$0.38
Lower Channel
$0.29
Squeeze Status
Squeeze On

Takeaway:New Horizon Aircraft Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-71.22K
Money Flow Index40.17Neutral, balanced money flows with no clear signal.
Relative Vigor Index56.00Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:HOVRW 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

RSI above 50 → positive momentum from buyers.

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

Bearish Signals

No significant bearish signals detected.

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

Technical Analysis FAQ