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

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

10 day averaged volume of Novateor is 12600

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 45.20 45.20 45.20 44.00 1.667 times
06 Mon May 2024 43.05 39.60 43.05 39.60 1.667 times
03 Fri May 2024 41.00 44.20 44.27 41.00 1.905 times
02 Thu May 2024 42.17 42.15 42.17 42.15 0.952 times
30 Tue Apr 2024 40.17 40.00 40.17 40.00 0.952 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44, but if it comes below 44, then a intra day sell could be more profitable.
If you take a sell trade below 44, then use 44 as stoploss and 40.03 as target. However if you take a buy trade in stock , then use 44 as stoploss and 48.8 as target.

Share price targets for Novateor (Novateor)

Target Type Value
Downside Target 28.00
Downside Target 35.00
Downside Target 36.44
Downside Target 38.26
Downside Target 39.03
Downside Target 42.48
Downside Target 44.27
Downside Target 44.61
Downside Target 45.20
Upside Target 46.95

Intraday share price targets for Novateor (Novateor)

Target Type Value
Downside Intraday Target 41.47
Downside Intraday Target 37.73
Upside Intraday Target 47.07
Upside Intraday Target 48.93
Downside Intraday Target 43.33

Weekly technical analysis of Novateor (Novateor)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 45.20 39.60 45.20 39.60 0.778 times
03 Fri May 2024 41.00 38.26 44.27 38.26 2.25 times
19 Fri Apr 2024 36.44 40.36 40.36 36.44 4 times
01 Thu Feb 2024 42.48 42.48 42.48 42.48 0.333 times
11 Thu Jan 2024 44.61 45.97 46.95 44.61 0.273 times

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

Monthly technical analysis of Novateor (Novateor)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 45.20 42.15 45.20 39.60 1.857 times
30 Tue Apr 2024 40.17 40.36 40.36 36.44 7 times
01 Thu Feb 2024 42.48 42.48 42.48 42.48 0.071 times
11 Thu Jan 2024 44.61 35.55 46.95 35.00 0.824 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Novateor (Novateor)

Indicator Name Indicator Value Indicator Signal
ADX 48, 31, 22 Buy
MACD 8, 8Sell
Stochastics 75Buy
CCI 137Buy
RSI 55Buy
OBV 54000Sell
VWAP 42Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Novateor ( (Novateor) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Novateor ( (Novateor) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Novateor ( (Novateor) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

ADX buy sell signal for Novateor stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Novateor in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Novateor Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Novateor in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Novateor is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.51 and Novateor (Novateor) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

Novateor 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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