(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 2024-05-08 View latest technical analysis
10 day averaged volume of Nova Iron is 6626
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 26.37 | 26.37 | 26.37 | 26.37 | 2.165 times |
| 07 Tue May 2024 | 25.86 | 24.87 | 25.87 | 24.87 | 0.674 times |
| 06 Mon May 2024 | 25.37 | 25.37 | 25.37 | 25.37 | 0.708 times |
| 03 Fri May 2024 | 25.88 | 25.95 | 25.95 | 25.88 | 0.914 times |
| 02 Thu May 2024 | 26.40 | 25.50 | 26.40 | 25.50 | 1.991 times |
| 30 Tue Apr 2024 | 25.94 | 26.46 | 26.46 | 25.94 | 0.146 times |
| 29 Mon Apr 2024 | 26.46 | 26.46 | 26.46 | 26.46 | 1.206 times |
| 26 Fri Apr 2024 | 27.00 | 27.45 | 27.52 | 27.00 | 2.257 times |
| 25 Thu Apr 2024 | 27.54 | 27.54 | 27.54 | 27.00 | 0.949 times |
| 24 Wed Apr 2024 | 27.54 | 27.54 | 27.55 | 27.54 | 0.333 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 26.2 as stoploss in an intra day buy trade for a target of 27.32. However, stock will show a bearish move below 26.2.
Share price targets for Nova Iron (NovaIron)
| Target Type | Value |
| Downside Target | 21.80 |
| Downside Target | 23.00 |
| Downside Target | 23.50 |
| Downside Target | 24.87 |
| Downside Target | 25.50 |
| Downside Target | 26.37 |
| Upside Target | 28.10 |
| 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 | 25.37 |
| Downside Intraday Target | 24.37 |
| Upside Intraday Target | 26.87 |
| Upside Intraday Target | 27.37 |
| Downside Intraday Target | 25.87 |
Weekly technical analysis of Nova Iron (NovaIron)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 26.37 | 25.37 | 26.37 | 24.87 | 0.833 times |
| 03 Fri May 2024 | 25.88 | 26.46 | 26.46 | 25.50 | 0.874 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 |
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 |
| 08 Wed May 2024 | 26.37 | 25.50 | 26.40 | 24.87 | 0.331 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Nova Iron ( (NovaIron) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 but buying is losing 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 26.5 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Nova Iron ( (NovaIron) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 but buying is losing 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 26.5 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.
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