(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 2024-10-17 View latest technical analysis
10 day averaged volume of Nova Iron is 8923
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 21.41 | 22.48 | 23.55 | 21.01 | 2.146 times |
| 16 Wed Oct 2024 | 21.45 | 21.96 | 22.50 | 21.25 | 0.613 times |
| 15 Tue Oct 2024 | 21.64 | 23.72 | 23.72 | 20.60 | 1.164 times |
| 14 Mon Oct 2024 | 22.21 | 23.99 | 23.99 | 21.50 | 1.317 times |
| 11 Fri Oct 2024 | 22.68 | 22.86 | 23.29 | 21.00 | 0.77 times |
| 10 Thu Oct 2024 | 22.41 | 23.48 | 23.48 | 21.52 | 0.264 times |
| 09 Wed Oct 2024 | 22.69 | 23.04 | 23.04 | 21.01 | 0.305 times |
| 08 Tue Oct 2024 | 22.47 | 22.43 | 24.38 | 20.60 | 0.581 times |
| 07 Mon Oct 2024 | 22.43 | 22.66 | 24.76 | 22.43 | 0.757 times |
| 03 Thu Oct 2024 | 24.70 | 26.51 | 26.51 | 24.70 | 1.94 times |
Stock of Nova Iron (NovaIron) has showed a significant fall. This could be a good time to exit from 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 22, but if it comes above 22, then a intra day buy could be more profitable.
If you take a sell trade below 22, then use 22 as stoploss and 20.5 as target. However if you take a buy trade in stock , then use 22 as stoploss and 23.31 as target.
Share price targets for Nova Iron (NovaIron)
| Target Type | Value |
| Downside Target | 19.08 |
| Downside Target | 19.71 |
| Downside Target | 20.60 |
| Upside Target | 22.14 |
| Upside Target | 22.83 |
| Upside Target | 23.99 |
| Upside Target | 24.68 |
| Upside Target | 24.98 |
| Upside Target | 26.54 |
| 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 | 20.01 |
| Downside Intraday Target | 18.61 |
| Upside Intraday Target | 23.4 |
| Upside Intraday Target | 25.39 |
| Upside Intraday Target | 22 |
Weekly technical analysis of Nova Iron (NovaIron)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 21.41 | 23.99 | 23.99 | 20.60 | 1.958 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 |
| 27 Fri Sep 2024 | 24.23 | 22.20 | 24.98 | 22.20 | 1.834 times |
| 20 Fri Sep 2024 | 22.61 | 26.54 | 26.54 | 22.14 | 0.203 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Nova Iron (NovaIron)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 21.41 | 26.58 | 26.58 | 20.60 | 0.175 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 Weak 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 getting stronger in this stock.
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 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 22.5 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 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 Weak 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 getting stronger in this stock.
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 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 22.5 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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