PONO CAPITAL THREE INC-A-28 (HOVRW) Stock Technical Analysis
NASDAQ:HOVRW - Nasdaq -
Overall HOVRW gets a technical rating of 7 out of 10. Although HOVRW is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than HOVRW.
The long and short term trends are both positive. This is looking good!
HOVRW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HOVRW is lagging the market.
In the last month HOVRW has a been trading in the 0.03 - 0.17 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.
Besides having an excellent technical rating, HOVRW also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.06, a Stop Loss order could be placed below this zone.
More info and screens
0.06
0.08
We found 1 important support area.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 High0.14
10 Day Low0.06
20 Day High0.17
20 Day Low0.03
52 Week High0.17
52 Week Low0.01
Performance
1 Week5.97%
2 Weeks-20.74%
1 Month129.23%
3 Month645%
6 Month226.75%
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
RSI(14)52.45
LBB0.05
UBB0.13
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.09 | 0.05 | 0.04 (44.44%) | 2.25% |
| An entry @0.09. This is a Buy Stop order right above the resistance zone. | An exit @0.05. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 44.44%. | For a 1.00% total portfolio risk, you can invest 2.25% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HOVRW. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PONO CAPITAL THREE INC-A-28
NASDAQ:HOVRW (1/17/2025, 8:06:27 PM)
After market: 0.0654 -0.01 (-12.21%)0.0745
-0.01 (-6.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.76%
1 Week5.97%
2 Weeks-20.74%
1 Month129.23%
3 Month645%
6 Month226.75%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%41.76%
ATR Inc-58.03%
Range Today0.02
ADR(20)0.03
ADR(20)%39.28%
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 High0.14
10 Day Low0.06
20 Day High0.17
20 Day Low0.03
52 Week High0.17
52 Week Low0.01
CS1 End0.06
CR1 Start0.08
Volume & EV
DER(3)-3.11%
DER(5)-1.93%
Volume7.20K
Volume Incr-90.21%
Vol(5)27.14K
Vol(50)184.49K