NEW HORIZON AIRCRAFT LTD (HOVR)

CA64550A1075 - Common Stock

0.4625  -0.06 (-11.06%)

After market: 0.446 -0.02 (-3.57%)

Technical Rating and Analysis

2

Overall HOVR gets a technical rating of 2 out of 10. In the past year, HOVR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

100% of all other stocks performed better in the past year than HOVR.
HOVR is one of the lesser performing stocks in the Aerospace & Defense industry. 92% of 66 stocks in the same industry do better.
In the last month HOVR has a been trading in the 0.25 - 0.55 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
HOVR has an average volume of 3729990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
HOVR Weekly chart
HOVR Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

0.28

0.53

We found 1 important support area.

  • Support @0.28 from a trend line in the daily time frame.

We found 1 important resistance area.

  • Resistance @0.52 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 High0.55
10 Day Low0.25
20 Day High0.55
20 Day Low0.25
52 Week HighN/A
52 Week LowN/A
Performance
1 Week59.48%
2 Weeks68.12%
1 Month32.03%
3 Month-26.96%
6 Month-66.49%
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)0.03
RSI(14)60.25
LBB0.15
UBB0.56
HOVR Daily chart

NEW HORIZON AIRCRAFT LTD

NASDAQ:HOVR (11/15/2024, 8:16:57 PM)

After market: 0.446 -0.02 (-3.57%)

0.4625

-0.06 (-11.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-11.06%
1 Week59.48%
2 Weeks68.12%
1 Month32.03%
3 Month-26.96%
6 Month-66.49%
12 MonthN/A
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%12.8%
ATR Inc
Range Today0.04
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 High0.55
10 Day Low0.25
20 Day High0.55
20 Day Low0.25
52 Week HighN/A
52 Week LowN/A
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume791.50K
Volume Incr2378.34%
Vol(5)27.41M
Vol(50)3.73M