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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 2024-09-30 View latest technical analysis

10 day averaged volume of Nova Iron is 17941

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	25.44	24.71	25.44	24.71	1.96 times
27 Fri Sep 2024	24.23	24.90	24.90	23.16	1.122 times
26 Thu Sep 2024	24.29	23.55	24.90	23.26	0.815 times
25 Wed Sep 2024	23.98	24.98	24.98	23.40	1.067 times
24 Tue Sep 2024	24.33	24.12	24.83	23.66	2.239 times
23 Mon Sep 2024	23.65	22.20	23.74	22.20	1.228 times
20 Fri Sep 2024	22.61	22.82	22.82	22.14	0.423 times
19 Thu Sep 2024	23.30	24.01	24.80	23.10	0.872 times
18 Wed Sep 2024	24.31	24.51	25.00	24.01	0.93 times
17 Tue Sep 2024	24.86	26.23	26.23	24.51	0.656 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 25.4, but if it comes below 25.4, then a intra day sell could be more profitable.
If you take a sell trade below 25.4, then use 25.4 as stoploss and 23.81 as target. However if you take a buy trade in stock , then use 25.4 as stoploss and 27.3 as target.

Share price targets for Nova Iron (NovaIron)

Target Type	Value
Downside Target	19.08
Downside Target	19.71
Downside Target	21.00
Downside Target	22.14
Downside Target	24.60
Downside Target	24.98
Downside Target	25.44
Upside Target	26.54
Upside Target	26.75
Upside Target	27.50
Upside Target	29.96

Intraday share price targets for Nova Iron (NovaIron)

Target Type	Value
Downside Intraday Target	24.95
Downside Intraday Target	24.47
Upside Intraday Target	25.68
Upside Intraday Target	25.93
Downside Intraday Target	25.2

Weekly technical analysis of Nova Iron (NovaIron)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	25.44	24.71	25.44	24.71	0.303 times
27 Fri Sep 2024	24.23	22.20	24.98	22.20	1.834 times
20 Fri Sep 2024	22.61	26.54	26.54	22.14	0.203 times
13 Fri Sep 2024	25.40	24.20	27.50	21.00	3.38 times
06 Fri Sep 2024	22.00	22.40	22.58	19.71	1.579 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
30 Mon Sep 2024	25.44	22.40	27.50	19.71	2.236 times
30 Fri Aug 2024	21.35	22.48	24.68	19.08	0.867 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 24.29 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.