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New Horizon Aircraft Ltd.

HOVRW Technical Analysis Summary (NASDAQ)

Analyze HOVRW on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

HOVRW●NASDAQ
IndustrialsAerospace & Defense
$0.30
$0.04(12.99%)
U.S. Market is Open · 13:15

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 (NASDAQ)

New Horizon Aircraft Ltd. (NASDAQ: HOVRW) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.34)
Trend Strength:Strong (ADX: 33.81)
Volatility:High (ATR: 0.04)
Support/Resistance:$0.29 – $0.36 (Bollinger Bands)

Technical conditions suggest New Horizon Aircraft Ltd. on the NASDAQ is awaiting a decisive move. Technical conditions suggest New Horizon Aircraft Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 52.34

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 52.97

Neutral
Mid-range signal with no clear trend.

Williams %R: -77.33

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 14.93

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 33.81

Strong
Strong trend, momentum well established.

ATR (14): 0.04

Low
Low volatility, stable price action.

CCI (14): 335.90

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.36
Middle Band (SMA 20)
$0.33
Lower Band
$0.29
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.41
Middle Line (EMA 20)
$0.33
Lower Channel
$0.25
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-313.64K
Money Flow Index15.22Bullish, oversold conditions signal rebound potential.
Relative Vigor Index52.68Neutral 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. (NASDAQ: HOVRW), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for New Horizon Aircraft Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: HOVRW) Technical Analysis FAQ