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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 2024-11-27 View latest technical analysis

10 day averaged volume of Nova Iron is 17951

Date Daily Closing Price Open High Low Volume
27 Wed Nov 2024 18.68 19.17 19.35 18.42 0.761 times
26 Tue Nov 2024 18.69 18.80 19.15 18.46 1.615 times
25 Mon Nov 2024 18.42 19.10 19.60 18.10 0.521 times
22 Fri Nov 2024 18.68 18.01 18.99 17.62 0.716 times
21 Thu Nov 2024 18.38 19.08 19.08 18.20 1.31 times
19 Tue Nov 2024 18.28 18.02 18.50 17.70 0.763 times
18 Mon Nov 2024 17.69 19.48 19.98 17.36 2.749 times
14 Thu Nov 2024 19.27 21.85 21.85 19.16 1.035 times
13 Wed Nov 2024 21.28 21.60 21.60 20.60 0.515 times
12 Tue Nov 2024 21.75 22.07 22.25 21.60 0.4 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.9, but if it comes above 18.9, then a intra day buy could be more profitable.
If you take a sell trade below 18.9, then use 18.9 as stoploss and 16.6 as target. However if you take a buy trade in stock , then use 18.9 as stoploss and 20.75 as target.

Share price targets for Nova Iron (NovaIron)

Target Type Value
Downside Target 17.36
Downside Target 18.10
Upside Target 19.08
Upside Target 19.55
Upside Target 21.00
Upside Target 23.00
Upside Target 23.50
Upside Target 23.75
Upside Target 24.68
Upside Target 24.80
Upside Target 26.58
Upside Target 27.50

Intraday share price targets for Nova Iron (NovaIron)

Target Type Value
Downside Intraday Target 17.99
Downside Intraday Target 17.29
Upside Intraday Target 19.49
Upside Intraday Target 20.29
Upside Intraday Target 18.79

Weekly technical analysis of Nova Iron (NovaIron)

Date Weekly Closing Price Open High Low Volume
27 Wed Nov 2024 18.68 19.10 19.60 18.10 0.523 times
22 Fri Nov 2024 18.68 19.48 19.98 17.36 2.383 times
14 Thu Nov 2024 19.27 22.57 23.00 19.16 1.052 times
08 Fri Nov 2024 22.65 23.00 23.75 21.30 1.028 times
01 Fri Nov 2024 23.12 19.59 23.50 19.55 0.874 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
27 Wed Nov 2024 18.68 22.50 23.75 17.36 1.039 times
31 Thu Oct 2024 22.51 26.58 26.58 19.55 0.369 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 coming down

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

RSI is generating a SELL signal in short term but selling is losing 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 18.65 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 coming down

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

RSI is generating a SELL signal in short term but selling is losing 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 18.65 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 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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