Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(NovaIron) Nova Iron complete technical analysis [charts+indicators] | Buy/Sell Nova Iron | (NovaIron) share price targets

Complete technical analysis of Nova Iron (NovaIron) by charts plus indicators, forecast predictions and share price targets for Nova Iron (NovaIron)

10 day averaged volume of Nova Iron is 5742

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 24.01 24.80 24.80 23.00 2.945 times
27 Wed Mar 2024 23.75 24.89 25.00 23.75 2.29 times
26 Tue Mar 2024 25.00 24.70 25.90 23.47 0.922 times
22 Fri Mar 2024 24.70 25.00 25.57 23.15 1.405 times
21 Thu Mar 2024 24.36 23.66 24.36 23.66 0.542 times
20 Wed Mar 2024 23.20 25.00 25.29 23.00 0.388 times
19 Tue Mar 2024 24.11 25.21 26.00 24.06 0.534 times
18 Mon Mar 2024 25.32 26.14 26.14 25.00 0.908 times
15 Fri Mar 2024 25.65 26.50 26.50 24.75 0.604 times
14 Thu Mar 2024 25.57 24.89 26.25 24.13 1.736 times

Stock of Nova Iron (NovaIron) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 24.2, but if it comes above 24.2, then a intra day buy could be more profitable.
If you take a sell trade below 24.2, then use 24.2 as stoploss and 21.7 as target. However if you take a buy trade in stock , then use 24.2 as stoploss and 26.32 as target.

Share price targets for Nova Iron (NovaIron)

Target Type Value
Downside Target 17.77
Downside Target 18.90
Downside Target 21.65
Downside Target 22.34
Downside Target 23.00
Upside Target 24.13
Upside Target 25.90
Upside Target 28.00
Upside Target 28.50
Upside Target 30.16
Upside Target 31.50
Upside Target 39.50
Upside Target 39.69

Intraday share price targets for Nova Iron (NovaIron)

Target Type Value
Downside Intraday Target 22.71
Downside Intraday Target 21.4
Upside Intraday Target 25.61
Upside Intraday Target 27.2
Upside Intraday Target 24.3

Weekly technical analysis of Nova Iron (NovaIron)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 24.01 24.70 25.90 23.00 1.63 times
22 Fri Mar 2024 24.70 26.14 26.14 23.00 0.479 times
15 Fri Mar 2024 25.65 27.48 28.50 24.13 1.623 times
07 Thu Mar 2024 28.04 31.50 31.50 28.00 0.487 times
02 Sat Mar 2024 30.05 28.81 30.16 26.60 0.675 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nova Iron (NovaIron)

Date Monthly Closing Price Open High Low Volume
28 Thu Mar 2024 24.01 28.00 31.50 23.00 0.383 times
29 Thu Feb 2024 27.42 34.15 39.50 26.60 1.206 times
31 Wed Jan 2024 32.53 22.65 39.69 21.80 1.678 times
29 Fri Dec 2023 21.58 21.90 22.34 18.90 1.63 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Nova Iron (NovaIron)

Price action analysis of Nova Iron ( (NovaIron) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Nova Iron ( (NovaIron) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nova Iron ( (NovaIron) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nova Iron ( (NovaIron) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Nova Iron stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Nova Iron in short term and the sell signal is strong.

Nova Iron Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Nova Iron in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nova Iron is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 24.51 and Nova Iron (NovaIron) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Nova Iron (NovaIron) stock. Volume based technical analysis of Nova Iron (NovaIron) stock is negative.

Nova Iron Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Nova Iron ( (NovaIron) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Nova Iron ( (NovaIron) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nova Iron ( (NovaIron) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nova Iron ( (NovaIron) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Nova Iron stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Nova Iron in short term and the sell signal is strong.

Nova Iron Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Nova Iron in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nova Iron is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 24.51 and Nova Iron (NovaIron) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Nova Iron (NovaIron) stock. Volume based technical analysis of Nova Iron (NovaIron) stock is negative.

Nova Iron Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Nova Iron charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme