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

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

Hovnanian Enterprises trades in USA in Capital Goods sector.

10 day averaged volume of Hovnanian Enterprises is 61679

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 172.14 173.93 174.57 170.34 0.439 times
16 Thu May 2024 173.53 182.25 184.01 173.44 1.007 times
15 Wed May 2024 183.17 175.00 184.42 175.00 2.112 times
14 Tue May 2024 172.36 171.40 173.46 168.53 0.861 times
13 Mon May 2024 169.00 171.86 172.00 167.44 0.676 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 170.5, but if it comes below 170.5, then a intra day sell could be more profitable.
If you take a sell trade below 170.5, then use 170.5 as stoploss and 159.2 as target. However if you take a buy trade in stock , then use 170.5 as stoploss and 184.2 as target.

Share price targets for Hovnanian Enterprises (HOV)

Target Type Value
Downside Target 125.63
Downside Target 128.50
Downside Target 142.79
Downside Target 153.14
Downside Target 159.04
Downside Target 163.76
Downside Target 167.00
Downside Target 167.44
Downside Target 170.00
Upside Target 175.50
Upside Target 183.60
Upside Target 184.42

Intraday share price targets for Hovnanian Enterprises (HOV)

Target Type Value
Downside Intraday Target 164.91
Downside Intraday Target 157.69
Upside Intraday Target 181.89
Upside Intraday Target 191.65
Upside Intraday Target 174.67

Weekly technical analysis of Hovnanian Enterprises (HOV)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 172.14 171.86 184.42 167.44 1.039 times
10 Fri May 2024 169.80 159.96 170.00 155.13 1.08 times
03 Fri May 2024 157.82 150.90 163.76 146.29 0.975 times
26 Fri Apr 2024 150.01 133.80 153.14 130.26 0.722 times
19 Fri Apr 2024 130.26 142.00 143.70 125.63 1.295 times

Price has moved up 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 Hovnanian Enterprises (HOV)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 172.14 147.72 184.42 146.45 0.571 times
30 Tue Apr 2024 147.83 157.00 159.04 125.63 0.854 times
28 Thu Mar 2024 156.94 156.72 167.00 128.50 0.906 times
29 Thu Feb 2024 156.66 171.08 175.50 142.79 1.006 times

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

Indicators analysis of Hovnanian Enterprises (HOV)

Indicator Name Indicator Value Indicator Signal
ADX 40, 16, 42 Buy
MACD 13, 10Buy
Stochastics 73Buy
CCI 44Sell
RSI 59Buy
OBV 446380Sell
VWAP 171Buy
ADL 0Sell
ROC 9Buy
Force Index 0Sell

Price action analysis of Hovnanian Enterprises ( (HOV) ) 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 Hovnanian Enterprises ( (HOV) ) 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 Hovnanian Enterprises ( (HOV) ) based on a short to mid 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 Hovnanian Enterprises ( (HOV) ) based on a mid to longer 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.

ADX buy sell signal for Hovnanian Enterprises stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Hovnanian Enterprises in short term and the buy signal is strong.

Hovnanian Enterprises Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Hovnanian Enterprises in short term but SELL signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Stock of Hovnanian Enterprises is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 170.74 and Hovnanian Enterprises (HOV) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

Hovnanian Enterprises Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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

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