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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Hovnanian Enterprises Inc - Depositary Share representing 1/1000th of 7.625% Series A Preferred Stock (NASDAQ:HOVNP)
Sidelines Mode (-55) - HOVNP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HOVNP?
MarketClub looks at technical strength and momentum to determine if the timing is right for HOVNP.
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 HOVNP
The long-term trend has been DOWN since Oct 3rd, 2023 at 17.44
The intermediate-term trend has been DOWN since Mar 15th, 2024 at 18.04
The short-term trend has been UP since Apr 24th, 2024 at 18.08
Smart Scan Analysis for HOVNP
Based on our trend formula, HOVNP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.14 | 18.18 | 18.11 | 18.11 | +0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.08 | 2257 | 2024-04-24 10:12:00 |
| Year High | 8.47 | Year High Date | 2018-01-05 |
| Year Low | 3.38 | Year Low Date | 2018-11-26 |
| 52wk High | 19.89 | 52wk High Date | 2023-07-31 |
| 52wk Low | 16.56 | 52wk Low Date | 2023-12-01 |
| Year End Close | 13.6 | Average Volume | 4,982 |
| Short Interest | 74 | % Institutional | 37.6 |
| Market Cap | 18M | Assets | 234,037,800M |
| Liabilities | 173,329,000M | P/E Ratio | 0.6534 |
| Beta | 2.64 | Volatility | 110.14 |