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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
$0.19
$0.009(4.23%)
U.S. Market opens in 3h 16m

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 bearish trend on the NASDAQ, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 38.17)
Trend Strength:Very Strong (ADX: 41.54)
Volatility:High (ATR: 0.06)
Support/Resistance:$0.18 – $0.37 (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): 38.17

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 20.20

Bearish
Momentum remains weak below midpoint.

Williams %R: -84.78

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -29.48

Strongly Bearish
Sharp downside momentum.

Takeaway:New Horizon Aircraft Ltd. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 41.54

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.06

Low
Low volatility, stable price action.

CCI (14): 151.35

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:New Horizon Aircraft Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.37
Middle Band (SMA 20)
$0.27
Lower Band
$0.18
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.37
Middle Line (EMA 20)
$0.26
Lower Channel
$0.15
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-242.07K
Money Flow Index23.37Bearish, selling pressure outweighs inflows.
Relative Vigor Index35.87Bearish, price momentum favors sellers.

Overall Takeaway:HOVRW shows bearish money flow, with sellers dominating volume and vigor.

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

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:New Horizon Aircraft Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: HOVRW) Technical Analysis FAQ