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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 14100

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 49.00 49.00 49.00 49.00 0.638 times
14 Tue May 2024 49.00 49.00 49.00 49.00 0.426 times
10 Fri May 2024 49.00 48.00 49.00 46.90 1.064 times
09 Thu May 2024 49.33 49.33 49.33 49.33 0.851 times
08 Wed May 2024 46.99 45.00 46.99 44.00 0.638 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 47.4, but if it comes below 47.4, then a intra day sell could be more profitable.
If you take a sell trade below 47.4, then use 47.4 as stoploss and 43.46 as target. However if you take a buy trade in stock , then use 47.4 as stoploss and 52.2 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 46.95
Downside Target 49.00
Upside Target 49.33

Intraday share price targets for Novateor (Novateor)

Target Type Value
Downside Intraday Target 49
Downside Intraday Target 49
Downside Intraday Target 49
Downside Intraday Target 49
Downside Intraday Target 49

Weekly technical analysis of Novateor (Novateor)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 49.00 49.00 49.00 49.00 0.192 times
10 Fri May 2024 49.00 39.60 49.33 39.60 1.444 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

Price has moved down 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
17 Fri May 2024 49.00 42.15 49.33 39.60 3.071 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 49, 32, 21 Buy
MACD 9, 9Buy
Stochastics 97Buy
CCI 81Sell
RSI 57Buy
OBV 84000Sell
VWAP 45Buy
ADL 0Sell
ROC 28Buy
Force Index 0Sell

Price action analysis of Novateor ( (Novateor) ) based on a short term time period is

Price action analysis of Novateor ( (Novateor) ) based on a short 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 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 losing momentum.

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

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 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 Novateor in short term

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

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.75 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.

Click here for Novateor charts

Click here for further forecast and predictions for tomorrow

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