(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 2024-08-27 View latest technical analysis
10 day averaged volume of Nova Iron is 10482
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 20.95 | 20.70 | 22.60 | 20.00 | 1.385 times |
| 26 Mon Aug 2024 | 20.62 | 20.99 | 21.20 | 20.50 | 1.262 times |
| 23 Fri Aug 2024 | 20.80 | 21.00 | 21.25 | 20.50 | 0.851 times |
| 22 Thu Aug 2024 | 20.53 | 20.75 | 21.50 | 20.50 | 0.735 times |
| 21 Wed Aug 2024 | 20.75 | 20.91 | 21.27 | 20.60 | 0.85 times |
| 20 Tue Aug 2024 | 20.93 | 21.16 | 21.30 | 20.91 | 0.482 times |
| 19 Mon Aug 2024 | 21.16 | 21.20 | 21.99 | 19.08 | 0.999 times |
| 16 Fri Aug 2024 | 21.20 | 21.05 | 21.27 | 21.00 | 0.552 times |
| 14 Wed Aug 2024 | 21.05 | 21.17 | 21.17 | 20.92 | 0.258 times |
| 13 Tue Aug 2024 | 20.75 | 21.07 | 21.90 | 20.00 | 2.598 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 20.6 as stoploss in an intra day buy trade for a target of 21.67. However, stock will show a bearish move below 20.6.
Share price targets for Nova Iron (NovaIron)
| Target Type | Value |
| Downside Target | 19.08 |
| Downside Target | 20.00 |
| Upside Target | 21.00 |
| Upside Target | 21.85 |
| Upside Target | 22.60 |
| Upside Target | 23.50 |
| Upside Target | 24.45 |
| Upside Target | 24.68 |
| 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 | 19.77 |
| Downside Intraday Target | 18.58 |
| Upside Intraday Target | 22.37 |
| Upside Intraday Target | 23.78 |
| Upside Intraday Target | 21.18 |
Weekly technical analysis of Nova Iron (NovaIron)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 20.95 | 20.99 | 22.60 | 20.00 | 0.676 times |
| 23 Fri Aug 2024 | 20.80 | 21.20 | 21.99 | 19.08 | 0.813 times |
| 16 Fri Aug 2024 | 21.20 | 20.05 | 21.90 | 20.00 | 0.83 times |
| 09 Fri Aug 2024 | 21.49 | 24.45 | 24.45 | 21.01 | 0.47 times |
| 02 Fri Aug 2024 | 23.95 | 22.42 | 24.68 | 21.85 | 1.739 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 |
| 27 Tue Aug 2024 | 20.95 | 22.48 | 24.68 | 19.08 | 0.77 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 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 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 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 BUY. Signal strength is Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
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 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 20.83 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 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 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 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 BUY. Signal strength is Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
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 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 20.83 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 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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