HOVR Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

New Horizon Aircraft Ltd (HOVR) Moving Averages Convergence Divergence (MACD) indicator is -0.109, suggesting HOVR is Strong Sell.

New Horizon Aircraft Ltd (HOVR) 20-Day simple moving average is 2.14, while New Horizon Aircraft Ltd (HOVR) share price is $1.9774, making it Sell.

New Horizon Aircraft Ltd (HOVR) 60-Day simple moving average is 2.165, while New Horizon Aircraft Ltd (HOVR) share price is $1.9774, making it Sell.

Technical Analysis for HOVR

Technical Sentiment Analysis for New Horizon Aircraft Ltd (HOVR) As of 2026-07-01, New Horizon Aircraft Ltd (HOVR) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 1 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for HOVR stands at 42.054, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.109, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 27.808 and the Commodity Channel Index (CCI) at -75.091 further confirm a -0.203 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, HOVR is trading above its 60-day moving average of $2.165 and above its 200-day long-term moving average of $2.066. Key price levels to watch include the immediate resistance at $2.274 and strong support at $1.789. A break above $2.274 could signal a bull continuation, while falling below $1.789 may test the next Fibonacci floor at $1.562.

New Horizon Aircraft Ltd (HOVR) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.304	1.562	1.789	2.047	2.274	2.532	2.759
Fibonacci	1.562	1.748	1.862	2.047	2.233	2.347	2.532

New Horizon Aircraft Ltd (HOVR) Technical Indicators

2026-07-01

Name	Value
RSI_14	42.054
STOCHk_14_3_3	27.808
STOCHd_14_3_3	22.512
CCI_20	-75.091
AO_5_34	-0.393
MOM_10	-0.203
MACD_12_26_9	-0.109

New Horizon Aircraft Ltd (HOVR) Relative Strength Index (RSI) is 42.054, creating a Neutral signal.

New Horizon Aircraft Ltd (HOVR) Stochastic Oscillator is 27.808, creating a Neutral signal.

New Horizon Aircraft Ltd (HOVR) Stochastic RSI is 22.512, creating a Neutral signal.

New Horizon Aircraft Ltd (HOVR) Commodity Channel Index (CCI) is -75.091, creating a Neutral signal.

New Horizon Aircraft Ltd (HOVR) Awesome Oscillator is -0.393, creating a Sell signal.

New Horizon Aircraft Ltd (HOVR) Momentum is -0.203, creating a Sell signal.

New Horizon Aircraft Ltd (HOVR) MACD is -0.109, creating a Sell signal.

New Horizon Aircraft Ltd (HOVR) Moving Average

2026-07-01

Period	Simple	Signal
MA_5	1.941	Buy
MA_10	2.017	Sell
MA_20	2.14	Sell
MA_60	2.165	Sell
MA_200	2.066	Sell
MA_250	1.981	Sell

New Horizon Aircraft Ltd (HOVR) 5-Day simple moving average is 1.941, while New Horizon Aircraft Ltd (HOVR) share price is $1.9774, making it a Buy.

New Horizon Aircraft Ltd (HOVR) 10-Day simple moving average is 2.017, while New Horizon Aircraft Ltd (HOVR) share price is $1.9774, making it a Sell.

New Horizon Aircraft Ltd (HOVR) 20-Day simple moving average is 2.14, while New Horizon Aircraft Ltd (HOVR) share price is $1.9774, making it a Sell.

New Horizon Aircraft Ltd (HOVR) 60-Day simple moving average is 2.165, while New Horizon Aircraft Ltd (HOVR) share price is $1.9774, making it a Sell.

New Horizon Aircraft Ltd (HOVR) 200-Day simple moving average is 2.066, while New Horizon Aircraft Ltd (HOVR) share price is $1.9774, making it a Sell.

New Horizon Aircraft Ltd (HOVR) 250-Day simple moving average is 1.981, while New Horizon Aircraft Ltd (HOVR) share price is $1.9774, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for HOVR?

The overall technical consensus for New Horizon Aircraft Ltd (HOVR) is currently Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 0 buy signals and 4 sell signals.

What are the key support and resistance levels for New Horizon Aircraft Ltd (HOVR) today?

Based on pivot point calculations, New Horizon Aircraft Ltd (HOVR) has an immediate support level at 1.789 and a major resistance level at 2.274. Traders also monitor the pivot point at 2.047 to determine the intraday trend direction.

Is New Horizon Aircraft Ltd (HOVR) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for New Horizon Aircraft Ltd (HOVR) is currently 42.054. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for New Horizon Aircraft Ltd (HOVR)?

New Horizon Aircraft Ltd (HOVR) Moving Averages Convergence Divergence (MACD) indicator is -0.109, suggesting HOVR is Strong Sell. This indicator helps identify potential trend reversals or momentum shifts for New Horizon Aircraft Ltd.

How is New Horizon Aircraft Ltd (HOVR) performing relative to its 200-day moving average?

New Horizon Aircraft Ltd (HOVR) is currently trading at $1.9774, which is below its 200-day simple moving average of 2.066. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.