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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 2024-10-22 View latest technical analysis

10 day averaged volume of Nova Iron is 11415

Date Daily Closing Price Open High Low Volume
22 Tue Oct 2024 21.67 22.57 22.85 21.20 0.987 times
21 Mon Oct 2024 21.88 23.79 23.79 21.60 0.751 times
18 Fri Oct 2024 22.77 23.49 23.55 21.87 3.653 times
17 Thu Oct 2024 21.41 22.48 23.55 21.01 1.677 times
16 Wed Oct 2024 21.45 21.96 22.50 21.25 0.479 times
15 Tue Oct 2024 21.64 23.72 23.72 20.60 0.91 times
14 Mon Oct 2024 22.21 23.99 23.99 21.50 1.029 times
11 Fri Oct 2024 22.68 22.86 23.29 21.00 0.602 times
10 Thu Oct 2024 22.41 23.48 23.48 21.52 0.206 times
09 Wed Oct 2024 22.69 23.04 23.04 21.01 0.238 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.8, but if it comes above 21.8, then a intra day buy could be more profitable.
If you take a sell trade below 21.8, then use 21.8 as stoploss and 20.2 as target. However if you take a buy trade in stock , then use 21.8 as stoploss and 23.12 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 22.20
Upside Target 22.83
Upside Target 23.79
Upside Target 24.68
Upside Target 24.80
Upside Target 24.98
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 20.65
Downside Intraday Target 19.63
Upside Intraday Target 23.24
Upside Intraday Target 24.81
Upside Intraday Target 22.22

Weekly technical analysis of Nova Iron (NovaIron)

Date Weekly Closing Price Open High Low Volume
22 Tue Oct 2024 21.67 23.79 23.79 21.20 0.224 times
18 Fri Oct 2024 22.77 23.99 23.99 20.60 3.704 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

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
22 Tue Oct 2024 21.67 26.58 26.58 20.60 0.274 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Nova Iron stock for short term is SELL. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 BUY signal in short term and the buying is gaining 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 22.16 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Nova Iron stock for short term is SELL. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 BUY signal in short term and the buying is gaining 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 22.16 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 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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