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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
$0.34
$0.02(5.84%)
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

HOVRW Technical Analysis Summary (NASDAQ)

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.52)
Trend Strength:Strong (ADX: 35.53)
Volatility:High (ATR: 0.04)
Support/Resistance:$0.28 – $0.36 (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): 49.52

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 32.72

Bearish
Momentum remains weak below midpoint.

Williams %R: -83.43

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.29

Strongly Bearish
Sharp downside momentum.

Takeaway:New Horizon Aircraft Ltd. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 35.53

Strong
Strong trend, momentum well established.

ATR (14): 0.04

Low
Low volatility, stable price action.

CCI (14): 264.76

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
$0.36
Middle Band (SMA 20)
$0.32
Lower Band
$0.28
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.41
Middle Line (EMA 20)
$0.33
Lower Channel
$0.24
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-266.63K
Money Flow Index19.35Bullish, oversold conditions signal rebound potential.
Relative Vigor Index59.89Neutral 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

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:New Horizon Aircraft Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: HOVRW) Technical Analysis FAQ