(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 2024-05-15 View latest technical analysis
10 day averaged volume of Nova Iron is 8247
Date | Daily Closing Price | Open | High | Low | Volume |
15 Wed May 2024 | 28.92 | 29.00 | 29.96 | 27.33 | 1.717 times |
14 Tue May 2024 | 28.54 | 28.39 | 28.75 | 26.98 | 0.9 times |
13 Mon May 2024 | 28.39 | 27.42 | 28.79 | 26.16 | 2.22 times |
10 Fri May 2024 | 27.42 | 27.42 | 27.42 | 27.42 | 0.923 times |
09 Thu May 2024 | 26.89 | 26.89 | 26.89 | 26.89 | 0.655 times |
08 Wed May 2024 | 26.37 | 26.37 | 26.37 | 26.37 | 1.739 times |
07 Tue May 2024 | 25.86 | 24.87 | 25.87 | 24.87 | 0.542 times |
06 Mon May 2024 | 25.37 | 25.37 | 25.37 | 25.37 | 0.569 times |
03 Fri May 2024 | 25.88 | 25.95 | 25.95 | 25.88 | 0.735 times |
02 Thu May 2024 | 26.40 | 25.50 | 26.40 | 25.50 | 1.6 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 28.2, but if it comes below 28.2, then a intra day sell could be more profitable.
If you take a sell trade below 28.2, then use 28.2 as stoploss and 27.2 as target. However if you take a buy trade in stock , then use 28.2 as stoploss and 29.4 as target.
Share price targets for Nova Iron (NovaIron)
Target Type | Value |
Downside Target | 21.80 |
Downside Target | 23.00 |
Downside Target | 23.50 |
Downside Target | 24.87 |
Downside Target | 25.50 |
Downside Target | 26.16 |
Downside Target | 28.10 |
Upside Target | 29.96 |
Upside Target | 30.15 |
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 | 26.73 |
Downside Intraday Target | 24.55 |
Upside Intraday Target | 30.53 |
Upside Intraday Target | 32.15 |
Downside Intraday Target | 28.35 |
Weekly technical analysis of Nova Iron (NovaIron)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Wed May 2024 | 28.92 | 27.42 | 29.96 | 26.16 | 1.093 times |
10 Fri May 2024 | 27.42 | 25.37 | 27.42 | 24.87 | 1.294 times |
03 Fri May 2024 | 25.88 | 26.46 | 26.46 | 25.50 | 0.874 times |
26 Fri Apr 2024 | 27.00 | 27.55 | 28.10 | 27.00 | 2.177 times |
19 Fri Apr 2024 | 27.72 | 27.80 | 28.35 | 27.24 | 0.481 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 |
15 Wed May 2024 | 28.92 | 25.50 | 29.96 | 24.87 | 0.741 times |
30 Tue Apr 2024 | 25.94 | 25.20 | 30.15 | 23.50 | 0.895 times |
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 |
Scroll below to view daily charts
Price has moved up 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Nova Iron ( (NovaIron) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Nova Iron ( (NovaIron) ) based on a short to mid 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 mid to longer 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.
ADX buy sell signal for Nova Iron stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Nova Iron in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Nova Iron Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Nova Iron in short term and BUY signal is strong.
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 27.32 and Nova Iron (NovaIron) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Nova Iron ( (NovaIron) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Nova Iron ( (NovaIron) ) based on a short to mid 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 mid to longer 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.
ADX buy sell signal for Nova Iron stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Nova Iron in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Nova Iron Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Nova Iron in short term and BUY signal is strong.
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 27.32 and Nova Iron (NovaIron) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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