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New Horizon Aircraft Ltd

HOVR Technical Analysis Summary (NASDAQ)

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

HOVR●NASDAQ
IndustrialsAerospace & Defense
$1.36
$0.01(0.74%)
U.S. Market opens in 2h 40m

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

HOVR Technical Analysis Summary (NASDAQ)

New Horizon Aircraft Ltd (NASDAQ: HOVR) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.27)
Trend Strength:Strong (ADX: 37.49)
Volatility:High (ATR: 0.09)
Support/Resistance:$1.13 – $1.46 (Bollinger Bands)

Technical conditions suggest New Horizon Aircraft Ltd on the NASDAQ is awaiting a decisive move. This mix signals that New Horizon Aircraft Ltd is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 49.27

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 86.04

Bearish
Overbought levels may trigger pullback.

Williams %R: -20.27

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 3.44

Bullish
Steady upward momentum.

Takeaway:New Horizon Aircraft Ltd shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.06

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 37.49

Strong
Strong trend, momentum well established.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): 114.99

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
$1.46
Middle Band (SMA 20)
$1.29
Lower Band
$1.13
Current Position
Within Bands

Takeaway:New Horizon Aircraft Ltd trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1.50
Middle Line (EMA 20)
$1.33
Lower Channel
$1.15
Squeeze Status
Squeeze On

Takeaway:New Horizon Aircraft Ltd trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-10.42M
Money Flow Index39.94Bearish, selling pressure outweighs inflows.
Relative Vigor Index47.16Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:HOVR 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: HOVR), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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: HOVR) Technical Analysis FAQ