(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 2024-03-27 View latest technical analysis
10 day averaged volume of Nova Iron is 6062
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Wed Mar 2024 | 23.75 | 24.89 | 25.00 | 23.75 | 2.169 times |
| 26 Tue Mar 2024 | 25.00 | 24.70 | 25.90 | 23.47 | 0.873 times |
| 22 Fri Mar 2024 | 24.70 | 25.00 | 25.57 | 23.15 | 1.331 times |
| 21 Thu Mar 2024 | 24.36 | 23.66 | 24.36 | 23.66 | 0.514 times |
| 20 Wed Mar 2024 | 23.20 | 25.00 | 25.29 | 23.00 | 0.367 times |
| 19 Tue Mar 2024 | 24.11 | 25.21 | 26.00 | 24.06 | 0.506 times |
| 18 Mon Mar 2024 | 25.32 | 26.14 | 26.14 | 25.00 | 0.86 times |
| 15 Fri Mar 2024 | 25.65 | 26.50 | 26.50 | 24.75 | 0.572 times |
| 14 Thu Mar 2024 | 25.57 | 24.89 | 26.25 | 24.13 | 1.645 times |
| 13 Wed Mar 2024 | 25.40 | 26.75 | 27.10 | 25.36 | 0.636 times |
Stock of Nova Iron (NovaIron) has showed a significant fall. This could be a good time to exit from 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 24.4, but if it comes above 24.4, then a intra day buy could be more profitable.
If you take a sell trade below 24.4, then use 24.4 as stoploss and 22 as target. However if you take a buy trade in stock , then use 24.4 as stoploss and 26.51 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 |
| Downside Target | 23.47 |
| Upside 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 | 22.85 |
| Downside Intraday Target | 21.94 |
| Upside Intraday Target | 25.28 |
| Upside Intraday Target | 26.8 |
| Upside Intraday Target | 24.37 |
Weekly technical analysis of Nova Iron (NovaIron)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Wed Mar 2024 | 23.75 | 24.70 | 25.90 | 23.47 | 0.85 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, 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 |
| 27 Wed Mar 2024 | 23.75 | 28.00 | 31.50 | 23.00 | 0.338 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 coming down
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
Stock of Nova Iron is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.71 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 coming down
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
Stock of Nova Iron is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.71 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.
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