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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
$1.87
$0.03(1.63%)
U.S. Market opens in 61h 46m

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: 48.18)
Trend Strength:Weak (ADX: 13.37)
Volatility:High (ATR: 0.13)
Support/Resistance:$1.64 – $2.12 (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): 48.18

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 34.54

Bearish
Momentum remains weak below midpoint.

Williams %R: -67.05

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 5.34

Strongly Bullish
Strong upside momentum.

Takeaway:New Horizon Aircraft Ltd shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 13.37

Weak
Weak trend, market trading sideways.

ATR (14): 0.13

Low
Low volatility, stable price action.

CCI (14): -78.57

Bearish
Bearish, momentum remains under pressure.

Takeaway:New Horizon Aircraft Ltd shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.12
Middle Band (SMA 20)
$1.88
Lower Band
$1.64
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$2.16
Middle Line (EMA 20)
$1.90
Lower Channel
$1.64
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-16.90M
Money Flow Index68.47Bullish, inflows support continued momentum.
Relative Vigor Index42.02Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:HOVR shows mixed signals in money flow analysis.

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

MACD above 0 → bullish trend confirmation.

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 Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(NASDAQ: HOVR) Technical Analysis FAQ