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(NOVA) complete technical analysis [charts+indicators] | Buy/Sell | (NOVA) share price targets

Complete technical analysis of (NOVA) by charts plus indicators, forecast predictions and share price targets for (NOVA)

Showing technical analysis as on 2024-10-29 View latest technical analysis

10 day averaged volume of is 7868420

Date Daily Closing Price Open High Low Volume
29 Tue Oct 2024 5.23 5.19 5.33 4.98 0.937 times
28 Mon Oct 2024 5.35 5.59 5.85 5.34 1.304 times
25 Fri Oct 2024 5.29 5.18 5.48 5.10 0.931 times
24 Thu Oct 2024 5.20 5.06 5.28 4.99 0.963 times
23 Wed Oct 2024 5.02 5.06 5.42 4.95 0.854 times
22 Tue Oct 2024 5.21 5.20 5.39 5.15 0.723 times
21 Mon Oct 2024 5.22 5.66 5.69 5.21 1.129 times
18 Fri Oct 2024 5.74 5.78 5.87 5.48 1.546 times
17 Thu Oct 2024 5.80 6.18 6.19 5.78 0.836 times
16 Wed Oct 2024 6.26 6.32 6.38 5.92 0.841 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.3, but if it comes above 5.3, then a intra day buy could be more profitable.
If you take a sell trade below 5.3, then use 5.3 as stoploss and 4.1 as target. However if you take a buy trade in stock , then use 5.3 as stoploss and 6.22 as target.

Share price targets for (NOVA)

Target Type Value
Downside Target 4.68
Downside Target 4.95
Upside Target 5.48
Upside Target 5.69
Upside Target 5.85
Upside Target 6.35
Upside Target 6.50
Upside Target 7.30
Upside Target 7.55
Upside Target 8.13
Upside Target 9.63
Upside Target 9.89
Upside Target 10.43
Upside Target 11.83
Upside Target 13.00

Intraday share price targets for (NOVA)

Target Type Value
Downside Intraday Target 4.86
Downside Intraday Target 4.48
Upside Intraday Target 5.73
Upside Intraday Target 6.22
Upside Intraday Target 5.35

Weekly technical analysis of (NOVA)

Date Weekly Closing Price Open High Low Volume
29 Tue Oct 2024 5.23 5.59 5.85 4.98 0.487 times
25 Fri Oct 2024 5.29 5.66 5.69 4.95 0.924 times
18 Fri Oct 2024 5.74 6.50 6.50 5.48 1.136 times
11 Fri Oct 2024 6.57 7.29 7.55 6.35 1.033 times
04 Fri Oct 2024 7.44 10.25 10.43 7.30 1.849 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of (NOVA)

Date Monthly Closing Price Open High Low Volume
29 Tue Oct 2024 5.23 9.80 9.89 4.95 1.808 times
30 Mon Sep 2024 9.74 11.10 13.00 9.63 0.597 times
30 Fri Aug 2024 11.11 8.38 11.83 6.51 0.872 times
31 Wed Jul 2024 7.07 5.60 8.13 4.99 1.207 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of (NOVA)

Price action analysis of ( (NOVA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of ( (NOVA) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of ( (NOVA) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (NOVA) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5.44 and (NOVA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the (NOVA) stock. Volume based technical analysis of (NOVA) stock is negative.

Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of ( (NOVA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of ( (NOVA) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of ( (NOVA) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (NOVA) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5.44 and (NOVA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the (NOVA) stock. Volume based technical analysis of (NOVA) stock is negative.

Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart
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