Technical Analysis for HOVR - New Horizon Aircraft Ltd.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| F | 0.52 | -1.89% | -0.01 |
HOVR closed down 1.89 percent on Friday, July 5, 2024, on 12 percent of normal volume. The bears made the stock sink to a new 52-week low. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| New 52 Week Closing Low | Bearish | 0.00% | |
| Hammer Candlestick | Bullish | 0.00% | |
| Narrow Range Bar | Range Contraction | 0.00% | |
| New 52 Week Low | Weakness | 0.00% | |
| Wide Bands | Range Expansion | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| 180 Bearish Setup | Bearish Swing Setup | -1.89% | |
| Narrow Range Bar | Range Contraction | -1.89% | |
| Wide Bands | Range Expansion | -1.89% | |
| Oversold Stochastic | Weakness | -1.89% |
| Alert | Time |
|---|---|
| Down 5% | about 19 hours ago |
| Down 3% | about 19 hours ago |
| Bearish 180 Entry | about 19 hours ago |
| Fell Below Previous Day's Low | about 19 hours ago |
| Down 2 % | about 19 hours ago |
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Basic chart:
- Earnings date: Unknown
Horizon Aircraft is an advanced aerospace engineering company that is developing one of the world’s first hybrid eVTOL that is to be able to fly most of its mission exactly like a normal aircraft while offering industry-leading speed, range, and operational utility. Horizon’s unique designs put the mission first and prioritize safety, performance, and utility. Horizon hopes to successfully complete testing and certification of its Cavorite X7 eVTOL quickly and then enter the market and service a broad spectrum of early use cases.
Keywords: Electric Aircraft Urban Air Mobility Evtol Vtol Aircraft VTOL Aerospace Engineering
Classification
Keywords: Electric Aircraft Urban Air Mobility Evtol Vtol Aircraft VTOL Aerospace Engineering
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 12.1445 |
| 52 Week Low | 0.4813 |
| Average Volume | 968,766 |
| 200-Day Moving Average | 5.18 |
| 50-Day Moving Average | 1.23 |
| 20-Day Moving Average | 0.69 |
| 10-Day Moving Average | 0.58 |
| Average True Range | 0.12 |
| RSI (14) | 30.07 |
| ADX | 24.85 |
| +DI | 15.42 |
| -DI | 28.44 |
| Chandelier Exit (Long, 3 ATRs) | 0.96 |
| Chandelier Exit (Short, 3 ATRs) | 0.84 |
| Upper Bollinger Bands | 0.97 |
| Lower Bollinger Band | 0.41 |
| Percent B (%b) | 0.19 |
| BandWidth | 81.46 |
| MACD Line | -0.19 |
| MACD Signal Line | -0.21 |
| MACD Histogram | 0.0212 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 0.59 | ||||
| Resistance 3 (R3) | 0.59 | 0.56 | 0.58 | ||
| Resistance 2 (R2) | 0.56 | 0.54 | 0.56 | 0.57 | |
| Resistance 1 (R1) | 0.54 | 0.53 | 0.52 | 0.54 | 0.57 |
| Pivot Point | 0.51 | 0.51 | 0.50 | 0.51 | 0.51 |
| Support 1 (S1) | 0.49 | 0.49 | 0.47 | 0.49 | 0.46 |
| Support 2 (S2) | 0.46 | 0.48 | 0.46 | 0.46 | |
| Support 3 (S3) | 0.44 | 0.46 | 0.45 | ||
| Support 4 (S4) | 0.44 |
