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Stock Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
New Horizon Aircraft Ltd. - Class A Ordinary Shares (NASDAQ:HOVR)
Bull Market Weakness (+75) - HOVR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HOVR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HOVR?
MarketClub looks at technical strength and momentum to determine if the timing is right for HOVR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HOVR
The long-term trend has been DOWN since May 21st, 2024 at 1.00
The intermediate-term trend has been UP since Jul 16th, 2024 at 0.75
The short-term trend has been UP since Sep 6th, 2024 at 1.00
Smart Scan Analysis for HOVR
Based on our trend formula, HOVR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9300 | 1.0300 | 0.8800 | 1.0106 | +0.0905 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0000 | 238046 | 2024-09-06 15:50:04 |
| 52wk High | 4.025 | 52wk High Date | 2024-01-16 |
| 52wk Low | 0.455 | 52wk Low Date | 2024-07-09 |
| Average Volume | 331,636 | Shares Outstanding | 18,220 |