(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 2024-05-16 View latest technical analysis
10 day averaged volume of Nova Iron is 9566
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 27.67 | 29.95 | 29.95 | 27.50 | 1.004 times |
| 15 Wed May 2024 | 28.92 | 29.00 | 29.96 | 27.33 | 1.48 times |
| 14 Tue May 2024 | 28.54 | 28.39 | 28.75 | 26.98 | 0.776 times |
| 13 Mon May 2024 | 28.39 | 27.42 | 28.79 | 26.16 | 1.914 times |
| 10 Fri May 2024 | 27.42 | 27.42 | 27.42 | 27.42 | 0.795 times |
| 09 Thu May 2024 | 26.89 | 26.89 | 26.89 | 26.89 | 0.564 times |
| 08 Wed May 2024 | 26.37 | 26.37 | 26.37 | 26.37 | 1.499 times |
| 07 Tue May 2024 | 25.86 | 24.87 | 25.87 | 24.87 | 0.467 times |
| 06 Mon May 2024 | 25.37 | 25.37 | 25.37 | 25.37 | 0.49 times |
| 03 Fri May 2024 | 25.88 | 25.95 | 25.95 | 25.88 | 0.633 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 28.1 as stoploss in an intra day sell trade for a target of 27.17. However, stock will show a bullish move above 28.1.
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 | 26.16 |
| Upside Target | 28.10 |
| Upside Target | 29.96 |
| 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 | 25.9 |
| Downside Intraday Target | 24.13 |
| Upside Intraday Target | 29.7 |
| Upside Intraday Target | 31.73 |
| Upside Intraday Target | 27.93 |
Weekly technical analysis of Nova Iron (NovaIron)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 27.67 | 27.42 | 29.96 | 26.16 | 1.356 times |
| 10 Fri May 2024 | 27.42 | 25.37 | 27.42 | 24.87 | 1.294 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 |
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 |
| 16 Thu May 2024 | 27.67 | 25.50 | 29.96 | 24.87 | 0.816 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 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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Nova Iron stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Nova Iron in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Nova Iron in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 27.48 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 rising upwards.
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 is giving positive 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 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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Nova Iron stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Nova Iron in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Nova Iron in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 27.48 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 rising upwards.
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 is giving positive 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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