HOVR Technical

Technical Sentiment Analysis for New Horizon Aircraft Ltd (HOVR) As of 2026-04-28, New Horizon Aircraft Ltd (HOVR) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 10 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for HOVR stands at 59.928, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.0813, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 80.866 and the Commodity Channel Index (CCI) at 122.351 further confirm a 0.43 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, HOVR is trading below its 60-day moving average of $1.759 and below its 200-day long-term moving average of $1.92. Key price levels to watch include the immediate resistance at $2.226 and strong support at $1.526. A break above $2.226 could signal a bull continuation, while falling below $1.526 may test the next Fibonacci floor at $1.188.