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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 2024-08-01 View latest technical analysis

10 day averaged volume of Nova Iron is 15284

Date Daily Closing Price Open High Low Volume
01 Thu Aug 2024 23.98 22.48 23.98 22.48 2.8 times
31 Wed Jul 2024 22.84 23.25 23.25 22.51 0.585 times
30 Tue Jul 2024 22.82 22.75 23.00 22.10 1.733 times
29 Mon Jul 2024 22.10 22.42 23.07 21.85 1.847 times
26 Fri Jul 2024 21.98 21.05 22.32 21.00 1.085 times
25 Thu Jul 2024 21.26 22.88 22.88 21.25 1.501 times
24 Wed Jul 2024 22.36 23.05 23.05 21.90 0.921 times
23 Tue Jul 2024 22.57 23.02 23.02 22.03 0.334 times
22 Mon Jul 2024 22.57 23.25 23.25 22.21 1.034 times
19 Fri Jul 2024 22.32 22.10 22.90 22.10 0.456 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 23.9, for a target of 23.2 or 22.6

Share price targets for Nova Iron (NovaIron)

Target Type Value
Downside Target 21.00
Downside Target 22.48
Downside Target 23.80
Downside Target 23.98
Upside Target 24.60
Upside Target 24.80
Upside Target 26.75
Upside Target 29.96
Upside Target 30.15

Intraday share price targets for Nova Iron (NovaIron)

Target Type Value
Downside Intraday Target 22.56
Downside Intraday Target 21.14
Upside Intraday Target 24.69
Upside Intraday Target 25.4
Downside Intraday Target 23.27

Weekly technical analysis of Nova Iron (NovaIron)

Date Weekly Closing Price Open High Low Volume
01 Thu Aug 2024 23.98 22.42 23.98 21.85 1.428 times
26 Fri Jul 2024 21.98 23.25 23.25 21.00 1.674 times
19 Fri Jul 2024 22.32 21.99 23.29 21.10 0.742 times
12 Fri Jul 2024 21.74 23.80 23.80 21.45 0.781 times
05 Fri Jul 2024 23.37 24.70 24.80 22.65 1.328 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
01 Thu Aug 2024 23.98 22.48 23.98 22.48 0.134 times
31 Wed Jul 2024 22.84 24.70 24.80 21.00 1.648 times
28 Fri Jun 2024 23.62 26.00 26.75 22.83 1.061 times
31 Fri May 2024 25.50 25.50 29.96 24.60 1.415 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Nova Iron in short term but the buy signal is initial and weak.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 22.63 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 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Nova Iron in short term but the buy signal is initial and weak.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 22.63 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 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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