NEW HORIZON AIRCRAFT LTD (HOVR)

CA64550A1075 - Common Stock

0.5989  -0.06 (-8.87%)

After market: 0.64 +0.04 (+6.86%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to HOVR. Recently some decent action could be observed, but in the medium term time frame this is still negative. HOVR was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, HOVR is a bad performer in the overall market: 100% of all stocks are doing better.
HOVR is one of the lesser performing stocks in the Aerospace & Defense industry. 93% of 65 stocks in the same industry do better.
HOVR has an average volume of 4548930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month HOVR has a been trading in the 0.43 - 0.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
HOVR Weekly chart
HOVR Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, HOVR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

Support and Resistance Analysis

0.59

0.81

3 important resistance areas can be observed.

  • Resistance @0.67 from a trend line in the daily time frame.
  • Resistance @0.70 from a trend line in the daily time frame.
  • Resistance @0.80 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.82
10 Day Low0.52
20 Day High0.89
20 Day Low0.43
52 Week HighN/A
52 Week LowN/A
Performance
1 Week3.26%
2 Weeks-25.14%
1 Month33.09%
3 Month6.98%
6 Month-17.96%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)51.04
LBB0.55
UBB0.82
HOVR Daily chart

NEW HORIZON AIRCRAFT LTD

NASDAQ:HOVR (12/18/2024, 8:27:48 PM)

After market: 0.64 +0.04 (+6.86%)

0.5989

-0.06 (-8.87%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-8.87%
1 Week3.26%
2 Weeks-25.14%
1 Month33.09%
3 Month6.98%
6 Month-17.96%
12 MonthN/A
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.14
ATR(20)%21%
ATR Inc
Range Today0.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.82
10 Day Low0.52
20 Day High0.89
20 Day Low0.43
52 Week HighN/A
52 Week LowN/A
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume730.30K
Volume Incr-71.65%
Vol(5)976.12K
Vol(50)4.55M