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New Horizon Aircraft Ltd.

HOVRW Technical Analysis Summary (NASDAQ)

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

HOVRW●NASDAQ
IndustrialsAerospace & Defense
$0.23
$0.001(0.26%)
U.S. Market opens in 0h 17m

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

HOVRW Technical Analysis Summary (NASDAQ)

New Horizon Aircraft Ltd. (NASDAQ: HOVRW) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.17)
Trend Strength:Moderate (ADX: 25.45)
Volatility:High (ATR: 0.05)
Support/Resistance:$0.16 – $0.28 (Bollinger Bands)

Technical conditions suggest New Horizon Aircraft Ltd. on the NASDAQ is awaiting a decisive move. Overall, New Horizon Aircraft Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 52.17

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 76.87

Bullish
Buying momentum building without extremes.

Williams %R: -24.48

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 18.18

Strongly Bullish
Strong upside momentum.

Takeaway:New Horizon Aircraft Ltd. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.45

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.05

Low
Low volatility, stable price action.

CCI (14): 76.37

Bullish
Bullish, momentum building upward.

Takeaway:New Horizon Aircraft Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.28
Middle Band (SMA 20)
$0.22
Lower Band
$0.16
Current Position
Within Bands

Takeaway:New Horizon Aircraft Ltd. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$0.33
Middle Line (EMA 20)
$0.23
Lower Channel
$0.14
Squeeze Status
Squeeze On

Takeaway:New Horizon Aircraft Ltd. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-411.01K
Money Flow Index45.72Neutral, balanced money flows with no clear signal.
Relative Vigor Index58.34Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of New Horizon Aircraft Ltd. (NASDAQ: HOVRW), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

No significant bearish signals detected.

Overall Recommendation:Technical indicators for New Horizon Aircraft Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: HOVRW) Technical Analysis FAQ