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(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)

Showing technical analysis as on 2024-03-26 View latest technical analysis

10 day averaged volume of Nova Iron is 6701

Date Daily Closing Price Open High Low Volume
26 Tue Mar 2024 25.00 24.70 25.90 23.47 0.79 times
22 Fri Mar 2024 24.70 25.00 25.57 23.15 1.204 times
21 Thu Mar 2024 24.36 23.66 24.36 23.66 0.465 times
20 Wed Mar 2024 23.20 25.00 25.29 23.00 0.332 times
19 Tue Mar 2024 24.11 25.21 26.00 24.06 0.457 times
18 Mon Mar 2024 25.32 26.14 26.14 25.00 0.778 times
15 Fri Mar 2024 25.65 26.50 26.50 24.75 0.517 times
14 Thu Mar 2024 25.57 24.89 26.25 24.13 1.488 times
13 Wed Mar 2024 25.40 26.75 27.10 25.36 0.575 times
12 Tue Mar 2024 26.69 27.05 28.00 26.00 2.439 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 24.7 as stoploss in an intra day buy trade for a target of 26.74. However, stock will show a bearish move below 24.7.

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
Downside Target 23.47
Downside Target 24.13
Upside Target 25.90
Upside Target 28.00
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 23.68
Downside Intraday Target 22.36
Upside Intraday Target 26.11
Upside Intraday Target 27.22
Downside Intraday Target 24.79

Weekly technical analysis of Nova Iron (NovaIron)

Date Weekly Closing Price Open High Low Volume
26 Tue Mar 2024 25.00 24.70 25.90 23.47 0.244 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 up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Nova Iron (NovaIron)

Date Monthly Closing Price Open High Low Volume
26 Tue Mar 2024 25.00 28.00 31.50 23.00 0.303 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nova Iron Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Nova Iron in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 25.46 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nova Iron Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Nova Iron in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 25.46 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

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