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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 2024-08-29 View latest technical analysis

10 day averaged volume of Nova Iron is 8068

Date Daily Closing Price Open High Low Volume
29 Thu Aug 2024 20.95 21.38 21.49 20.90 1.448 times
28 Wed Aug 2024 21.38 20.52 21.80 20.52 0.418 times
27 Tue Aug 2024 20.95 20.70 22.60 20.00 1.799 times
26 Mon Aug 2024 20.62 20.99 21.20 20.50 1.639 times
23 Fri Aug 2024 20.80 21.00 21.25 20.50 1.106 times
22 Thu Aug 2024 20.53 20.75 21.50 20.50 0.955 times
21 Wed Aug 2024 20.75 20.91 21.27 20.60 1.104 times
20 Tue Aug 2024 20.93 21.16 21.30 20.91 0.627 times
19 Mon Aug 2024 21.16 21.20 21.99 19.08 1.298 times
16 Fri Aug 2024 21.20 21.05 21.27 21.00 0.717 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 20.5 as stoploss in an intra day buy trade for a target of 21.51. However, stock will show a bearish move below 20.5.

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
29 Thu Aug 2024 20.95 20.99 22.60 20.00 1.042 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
29 Thu Aug 2024 20.95 22.48 24.68 19.08 0.817 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 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 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 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 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 coming down

CCI has generated a SELL signal for Nova Iron in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 20.89 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 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 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 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 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 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 coming down

CCI has generated a SELL signal for Nova Iron in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 20.89 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 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.

Click here for Nova Iron charts

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Daily charts

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