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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 2024-10-28 View latest technical analysis

10 day averaged volume of Nova Iron is 13266

Date Daily Closing Price Open High Low Volume
28 Mon Oct 2024 21.02 19.59 21.39 19.55 0.498 times
25 Fri Oct 2024 19.96 20.98 20.98 19.80 0.452 times
24 Thu Oct 2024 20.28 22.14 22.14 20.00 0.918 times
23 Wed Oct 2024 21.19 21.26 22.70 20.65 0.467 times
22 Tue Oct 2024 21.67 22.57 22.85 21.20 0.849 times
21 Mon Oct 2024 21.88 23.79 23.79 21.60 0.646 times
18 Fri Oct 2024 22.77 23.49 23.55 21.87 3.143 times
17 Thu Oct 2024 21.41 22.48 23.55 21.01 1.443 times
16 Wed Oct 2024 21.45 21.96 22.50 21.25 0.413 times
15 Tue Oct 2024 21.64 23.72 23.72 20.60 0.783 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 20.9 as stoploss in an intra day buy trade for a target of 22.43. However, stock will show a bearish move below 20.9.

Share price targets for Nova Iron (NovaIron)

Target Type Value
Downside Target 19.08
Downside Target 19.55
Downside Target 20.60
Upside Target 22.83
Upside Target 23.79
Upside Target 24.68
Upside Target 24.70
Upside Target 24.76
Upside Target 24.80
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 19.92
Downside Intraday Target 18.81
Upside Intraday Target 21.76
Upside Intraday Target 22.49
Downside Intraday Target 20.65

Weekly technical analysis of Nova Iron (NovaIron)

Date Weekly Closing Price Open High Low Volume
28 Mon Oct 2024 21.02 19.59 21.39 19.55 0.149 times
25 Fri Oct 2024 19.96 23.79 23.79 19.80 0.5 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

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
28 Mon Oct 2024 21.02 26.58 26.58 19.55 0.325 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 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 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 losing 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 weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

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 21.72 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 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 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 losing 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 weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

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 21.72 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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