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.O) Moving Averages Convergence Divergence (MACD) indicator is -0.0259, suggesting HOVR.O is Strong buy.

New Horizon Aircraft Ltd (HOVR.O) 20-Day simple moving average is 2.109, while New Horizon Aircraft Ltd (HOVR.O) share price is $1.85, making it Sell.

New Horizon Aircraft Ltd (HOVR.O) 60-Day simple moving average is 1.826, while New Horizon Aircraft Ltd (HOVR.O) share price is $1.85, making it Buy.

Technical Analysis for HOVR

Technical Sentiment Analysis for New Horizon Aircraft Ltd (HOVR) As of 2026-02-06, New Horizon Aircraft Ltd (HOVR) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for HOVR stands at 45.937, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0259, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 10.806 and the Commodity Channel Index (CCI) at -105.13 further confirm a -0.54 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, HOVR is trading above its 60-day moving average of $1.826 and above its 200-day long-term moving average of $1.739. Key price levels to watch include the immediate resistance at $2.316 and strong support at $1.646. A break above $2.316 could signal a bull continuation, while falling below $1.646 may test the next Fibonacci floor at $1.323.

New Horizon Aircraft Ltd (HOVR) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.976	1.323	1.646	1.993	2.316	2.663	2.986
Fibonacci	1.323	1.579	1.737	1.993	2.249	2.407	2.663

New Horizon Aircraft Ltd (HOVR) Technical Indicators

2026-02-06

Name	Value
RSI_14	45.937
STOCHk_14_3_3	10.806
STOCHd_14_3_3	11.79
CCI_20	-105.13
AO_5_34	-0.123
MOM_10	-0.54
MACD_12_26_9	-0.0259

New Horizon Aircraft Ltd (HOVR) Relative Strength Index (RSI) is 45.937, creating a Neutral signal.

New Horizon Aircraft Ltd (HOVR) Stochastic Oscillator is 10.806, creating a Buy signal.

New Horizon Aircraft Ltd (HOVR) Stochastic RSI is 11.79, creating a Buy signal.

New Horizon Aircraft Ltd (HOVR) Commodity Channel Index (CCI) is -105.13, creating a Buy signal.

New Horizon Aircraft Ltd (HOVR) Awesome Oscillator is -0.123, creating a Sell signal.

New Horizon Aircraft Ltd (HOVR) Momentum is -0.54, creating a Sell signal.

New Horizon Aircraft Ltd (HOVR) MACD is -0.0259, creating a Sell signal.

New Horizon Aircraft Ltd (HOVR) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	1.822	Buy
MA_10	1.969	Sell
MA_20	2.109	Sell
MA_60	1.826	Buy
MA_200	1.739	Buy
MA_250	1.492	Buy

New Horizon Aircraft Ltd (HOVR) 5-Day simple moving average is 1.822, while New Horizon Aircraft Ltd (HOVR) share price is $1.85, making it a Buy.

New Horizon Aircraft Ltd (HOVR) 10-Day simple moving average is 1.969, while New Horizon Aircraft Ltd (HOVR) share price is $1.85, making it a Sell.

New Horizon Aircraft Ltd (HOVR) 20-Day simple moving average is 2.109, while New Horizon Aircraft Ltd (HOVR) share price is $1.85, making it a Sell.

New Horizon Aircraft Ltd (HOVR) 60-Day simple moving average is 1.826, while New Horizon Aircraft Ltd (HOVR) share price is $1.85, making it a Buy.

New Horizon Aircraft Ltd (HOVR) 200-Day simple moving average is 1.739, while New Horizon Aircraft Ltd (HOVR) share price is $1.85, making it a Buy.

New Horizon Aircraft Ltd (HOVR) 250-Day simple moving average is 1.492, while New Horizon Aircraft Ltd (HOVR) share price is $1.85, making it a Buy.

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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 buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 6 buy signals and 3 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 1.646 and a major resistance level at 2.316. Traders also monitor the pivot point at 1.993 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 45.937. 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 -0.0259, suggesting HOVR is strong buy. 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 $1.85, which is above its 200-day simple moving average of 1.739. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.