NEW HORIZON AIRCRAFT LTD (HOVR) Stock Technical Analysis
NASDAQ:HOVR - Nasdaq - CA64550A1075 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to HOVR. HOVR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
89% of all other stocks performed better in the past year than HOVR.
HOVR is part of the Aerospace & Defense industry. There are 66 other stocks in this industry, of which 84% are performing better than HOVR.
HOVR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month HOVR has a been trading in the 0.48 - 0.86 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
HOVR has an average volume of 1809160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of HOVR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.49
0.81
We found 1 important support area.
- Support @0.49 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.80 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.25
Mansfield-5.42
10 Day High0.69
10 Day Low0.48
20 Day High0.86
20 Day Low0.48
52 Week High3.29
52 Week Low0.24
Performance
1 Week-8.87%
2 Weeks-21.62%
1 Month-37.22%
3 Month11.51%
6 Month-48.54%
12 Month-64.43%
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)36.78
LBB0.49
UBB0.68
0.53
+0.03 (+6.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg6.7%
1 Week-8.87%
2 Weeks-21.62%
1 Month-37.22%
3 Month11.51%
6 Month-48.54%
12 Month-64.43%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%12.61%
ATR Inc-18.27%
Range Today0.03
ADR(20)0.06
ADR(20)%11.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.25
Mansfield-5.42
10 Day High0.69
10 Day Low0.48
20 Day High0.86
20 Day Low0.48
52 Week High3.29
52 Week Low0.24
CS1 End0.49
CR1 Start0.8
Volume & EV
DER(3)-2.6%
DER(5)-5.33%
Volume275.10K
Volume Incr-29.53%
Vol(5)378.42K
Vol(50)1.81M