HOVR Technical

Technical Sentiment Analysis for New Horizon Aircraft Ltd (HOVR) As of 2026-07-07, New Horizon Aircraft Ltd (HOVR) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 16 technical signals, shows that 5 indicators are flashing buy, while 11 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for HOVR stands at 34.546, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.123, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 13.836 and the Commodity Channel Index (CCI) at -128.914 further confirm a -0.39 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, HOVR is trading above its 60-day moving average of $2.184 and above its 200-day long-term moving average of $2.068. Key price levels to watch include the immediate resistance at $2.119 and strong support at $1.739. A break above $2.119 could signal a bull continuation, while falling below $1.739 may test the next Fibonacci floor at $1.555.