(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 2024-06-03 View latest technical analysis
10 day averaged volume of Nova Iron is 6442
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 25.19 | 26.00 | 26.75 | 24.61 | 0.93 times |
| 31 Fri May 2024 | 25.50 | 24.60 | 26.00 | 24.60 | 0.357 times |
| 30 Thu May 2024 | 25.02 | 26.50 | 27.25 | 25.00 | 1.472 times |
| 29 Wed May 2024 | 25.98 | 26.49 | 26.49 | 25.45 | 0.786 times |
| 28 Tue May 2024 | 25.43 | 26.68 | 26.68 | 25.02 | 0.536 times |
| 27 Mon May 2024 | 26.16 | 27.54 | 27.54 | 26.00 | 0.501 times |
| 24 Fri May 2024 | 27.00 | 27.23 | 27.45 | 25.51 | 1.014 times |
| 23 Thu May 2024 | 26.70 | 26.77 | 26.77 | 26.00 | 1.568 times |
| 22 Wed May 2024 | 25.50 | 25.94 | 26.60 | 24.65 | 1.084 times |
| 21 Tue May 2024 | 25.94 | 26.25 | 27.50 | 25.50 | 1.724 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 25.5, but if it comes above 25.5, then a intra day buy could be more profitable.
If you take a sell trade below 25.5, then use 25.5 as stoploss and 24.1 as target. However if you take a buy trade in stock , then use 25.5 as stoploss and 26.56 as target.
Share price targets for Nova Iron (NovaIron)
| Target Type | Value |
| Downside Target | 23.00 |
| Downside Target | 23.50 |
| Downside Target | 24.60 |
| Upside Target | 26.00 |
| Upside Target | 26.60 |
| Upside Target | 27.42 |
| Upside Target | 27.50 |
| Upside Target | 27.54 |
| Upside Target | 29.96 |
| Upside Target | 30.15 |
| Upside Target | 31.50 |
| Upside Target | 39.50 |
Intraday share price targets for Nova Iron (NovaIron)
| Target Type | Value |
| Downside Intraday Target | 24.28 |
| Downside Intraday Target | 23.38 |
| Upside Intraday Target | 26.42 |
| Upside Intraday Target | 27.66 |
| Upside Intraday Target | 25.52 |
Weekly technical analysis of Nova Iron (NovaIron)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 25.19 | 26.00 | 26.75 | 24.61 | 0.255 times |
| 31 Fri May 2024 | 25.50 | 27.54 | 27.54 | 24.60 | 0.678 times |
| 24 Fri May 2024 | 27.00 | 26.25 | 27.50 | 24.65 | 0.506 times |
| 18 Sat May 2024 | 26.47 | 27.42 | 29.96 | 26.00 | 1.879 times |
| 10 Fri May 2024 | 27.42 | 25.37 | 27.42 | 24.87 | 1.294 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 |
| 03 Mon Jun 2024 | 25.19 | 26.00 | 26.75 | 24.61 | 0.033 times |
| 31 Fri May 2024 | 25.50 | 25.50 | 29.96 | 24.60 | 1.415 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 |
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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Nova Iron stock for short term is BUY. Signal strength is Weak 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Nova Iron in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 25.88 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Nova Iron stock for short term is BUY. Signal strength is Weak 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Nova Iron in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 25.88 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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