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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
$1.72
$0.01(0.87%)
U.S. Market is Open · 14:13

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: 48.49)
Trend Strength:Weak (ADX: 13.68)
Volatility:Medium (ATR: 0.08)
Support/Resistance:$1.58 – $1.76 (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): 48.49

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 77.17

Bullish
Buying momentum building without extremes.

Williams %R: -32.00

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 3.01

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 13.68

Weak
Weak trend, market trading sideways.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): 36.94

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.76
Middle Band (SMA 20)
$1.67
Lower Band
$1.58
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$1.88
Middle Line (EMA 20)
$1.71
Lower Channel
$1.55
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume62.94K
Money Flow Index46.85Neutral, balanced money flows with no clear signal.
Relative Vigor Index39.84Bearish, price momentum favors sellers.

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

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

(NASDAQ: HOVR) Technical Analysis FAQ