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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 2024-05-02 View latest technical analysis

10 day averaged volume of Nova Iron is 4786

Date Daily Closing Price Open High Low Volume
02 Thu May 2024 26.40 25.50 26.40 25.50 2.757 times
30 Tue Apr 2024 25.94 26.46 26.46 25.94 0.202 times
29 Mon Apr 2024 26.46 26.46 26.46 26.46 1.669 times
26 Fri Apr 2024 27.00 27.45 27.52 27.00 3.125 times
25 Thu Apr 2024 27.54 27.54 27.54 27.00 1.314 times
24 Wed Apr 2024 27.54 27.54 27.55 27.54 0.461 times
23 Tue Apr 2024 28.10 28.10 28.10 28.10 1.136 times
22 Mon Apr 2024 27.55 27.55 27.72 27.55 0.711 times
19 Fri Apr 2024 27.72 27.75 27.75 27.24 0.468 times
18 Thu Apr 2024 27.79 28.35 28.35 27.79 0.321 times

Stock of Nova Iron (NovaIron) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26.7, but if it comes above 26.7, then a intra day buy could be more profitable.
If you take a sell trade below 26.7, then use 26.7 as stoploss and 25.5 as target. However if you take a buy trade in stock , then use 26.7 as stoploss and 27.76 as target.

Share price targets for Nova Iron (NovaIron)

Target Type Value
Downside Target 21.80
Downside Target 23.00
Downside Target 23.50
Downside Target 25.50
Downside Target 26.40
Upside Target 28.35
Upside Target 30.10
Upside Target 30.15
Upside Target 31.50
Upside Target 39.50
Upside Target 39.69

Intraday share price targets for Nova Iron (NovaIron)

Target Type Value
Downside Intraday Target 25.78
Downside Intraday Target 25.16
Upside Intraday Target 26.74
Upside Intraday Target 27.08
Downside Intraday Target 26.12

Weekly technical analysis of Nova Iron (NovaIron)

Date Weekly Closing Price Open High Low Volume
02 Thu May 2024 26.40 26.46 26.46 25.50 0.686 times
26 Fri Apr 2024 27.00 27.55 28.10 27.00 2.177 times
19 Fri Apr 2024 27.72 27.80 28.35 27.24 0.481 times
12 Fri Apr 2024 27.70 30.10 30.10 27.70 0.731 times
05 Fri Apr 2024 30.01 25.20 30.15 23.50 1.193 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
02 Thu May 2024 26.40 25.50 26.40 25.50 0.102 times
30 Tue Apr 2024 25.94 25.20 30.15 23.50 0.895 times
28 Thu Mar 2024 24.01 28.00 31.50 23.00 0.383 times
29 Thu Feb 2024 27.42 34.15 39.50 26.60 1.206 times

Scroll below to view daily charts

Price has moved up 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 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 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 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 SELL signal for Nova Iron in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 27.03 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 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 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 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 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 SELL signal for Nova Iron in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 27.03 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

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Daily charts

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