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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 2024-10-16 View latest technical analysis

10 day averaged volume of Nova Iron is 11892

Date Daily Closing Price Open High Low Volume
16 Wed Oct 2024 21.45 21.96 22.50 21.25 0.46 times
15 Tue Oct 2024 21.64 23.72 23.72 20.60 0.874 times
14 Mon Oct 2024 22.21 23.99 23.99 21.50 0.988 times
11 Fri Oct 2024 22.68 22.86 23.29 21.00 0.578 times
10 Thu Oct 2024 22.41 23.48 23.48 21.52 0.198 times
09 Wed Oct 2024 22.69 23.04 23.04 21.01 0.229 times
08 Tue Oct 2024 22.47 22.43 24.38 20.60 0.436 times
07 Mon Oct 2024 22.43 22.66 24.76 22.43 0.568 times
03 Thu Oct 2024 24.70 26.51 26.51 24.70 1.456 times
01 Tue Oct 2024 25.99 26.58 26.58 25.45 1.718 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22.2, but if it comes above 22.2, then a intra day buy could be more profitable.
If you take a sell trade below 22.2, then use 22.2 as stoploss and 20.7 as target. However if you take a buy trade in stock , then use 22.2 as stoploss and 23.48 as target.

Share price targets for Nova Iron (NovaIron)

Target Type Value
Downside Target 19.08
Downside Target 19.71
Downside Target 20.60
Upside Target 22.14
Upside Target 22.83
Upside Target 23.99
Upside Target 24.68
Upside Target 24.98
Upside Target 26.54
Upside Target 26.58
Upside Target 26.75
Upside Target 27.50

Intraday share price targets for Nova Iron (NovaIron)

Target Type Value
Downside Intraday Target 20.04
Downside Intraday Target 18.62
Upside Intraday Target 23.43
Upside Intraday Target 25.4
Upside Intraday Target 22.01

Weekly technical analysis of Nova Iron (NovaIron)

Date Weekly Closing Price Open High Low Volume
16 Wed Oct 2024 21.45 23.99 23.99 20.60 1.156 times
11 Fri Oct 2024 22.68 22.66 24.76 20.60 0.328 times
03 Thu Oct 2024 24.70 24.71 26.58 24.70 0.628 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

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
16 Wed Oct 2024 21.45 26.58 26.58 20.60 0.144 times
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

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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Nova Iron stock for short term is SELL. Signal strength is Strong 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 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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 23.53 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 positive

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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Nova Iron stock for short term is SELL. Signal strength is Strong 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 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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 23.53 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 positive

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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