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(NovaIron) Nova Iron complete technical analysis [charts+indicators] | Buy/Sell Nova Iron | (NovaIron) share price targets

Complete technical analysis of Nova Iron (NovaIron) by charts plus indicators, forecast predictions and share price targets for Nova Iron (NovaIron)

10 day averaged volume of Nova Iron is 9892

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 26.29 27.40 27.45 26.29 1.305 times
16 Thu May 2024 27.67 29.95 29.95 27.50 0.971 times
15 Wed May 2024 28.92 29.00 29.96 27.33 1.431 times
14 Tue May 2024 28.54 28.39 28.75 26.98 0.75 times
13 Mon May 2024 28.39 27.42 28.79 26.16 1.851 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 26.1 as stoploss in an intra day buy trade for a target of 27.09. However, stock will show a bearish move below 26.1.

Share price targets for Nova Iron (NovaIron)

Target Type Value
Downside Target 21.80
Downside Target 23.00
Downside Target 23.50
Downside Target 24.87
Downside Target 25.50
Downside Target 26.16
Upside Target 28.10
Upside Target 29.96
Upside Target 30.15
Upside Target 31.50
Upside Target 39.50
Upside Target 39.69

Intraday share price targets for Nova Iron (NovaIron)

Target Type Value
Downside Intraday Target 24.98
Downside Intraday Target 23.67
Upside Intraday Target 28.78
Upside Intraday Target 31.27
Upside Intraday Target 27.47

Weekly technical analysis of Nova Iron (NovaIron)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 26.29 27.42 29.96 26.16 1.709 times
10 Fri May 2024 27.42 25.37 27.42 24.87 1.294 times
03 Fri May 2024 25.88 26.46 26.46 25.50 0.874 times
26 Fri Apr 2024 27.00 27.55 28.10 27.00 2.177 times
19 Fri Apr 2024 27.72 27.80 28.35 27.24 0.481 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nova Iron (NovaIron)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 26.29 25.50 29.96 24.87 0.916 times
30 Tue Apr 2024 25.94 25.20 30.15 23.50 0.895 times
28 Thu Mar 2024 24.01 28.00 31.50 23.00 0.383 times
29 Thu Feb 2024 27.42 34.15 39.50 26.60 1.206 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Nova Iron (NovaIron)

Indicator Name Indicator Value Indicator Signal
ADX 24, 18, 14 Buy
MACD 0, -0Buy
Stochastics 54None
CCI -31Sell
RSI 47Sell
OBV 23784Sell
VWAP 27Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Nova Iron ( (NovaIron) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Nova Iron ( (NovaIron) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Nova Iron ( (NovaIron) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Nova Iron ( (NovaIron) ) based on a mid to longer term time period is

ADX buy sell signal for Nova Iron stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Nova Iron in short term and the buy signal is strong.

Nova Iron Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Nova Iron in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nova Iron is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.43 and Nova Iron (NovaIron) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Nova Iron (NovaIron) stock. Volume based technical analysis of Nova Iron (NovaIron) stock is negative.

Nova Iron Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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