HOVNANIAN ENTERPRISES-A (HOV) Stock Technical Analysis
NYSE:HOV - New York Stock Exchange, Inc. - US4424874018 - Common Stock - Currency: USD
Overall HOV gets a technical rating of 5 out of 10. HOV has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
HOV has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 118.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 107.13, a Stop Loss order could be placed below this zone.
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87.46
When analyzing the support we can see 5 important areas.
- A support zone ranging from 105.57 to 107.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @97.37 from a trend line in the daily time frame.
- Support @92.30 from a trend line in the weekly time frame.
- Support @89.93 from a horizontal line in the weekly time frame.
- Support @88.34 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 118.80 to 119.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for HOV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HOV is neutral. |
| ChartMill Relative Strength | 12.31 | NEGATIVE | HOV has a low relative strength, it was outperformed by 87.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HOV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HOV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HOV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.35 | NEUTRAL | The RSI value for HOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.96 | NEGATIVE | The MACD value suggests HOV has a negative trend. |
| Stochastics (14,3) | 30.06 | NEUTRAL | The Stochastics value for HOV is a neutral value. |
| Average True Range in percent/ATR (20) | 6.37 | HIGH VOLATILITY | The high ATR as a percentage value for HOV suggests high volalility. |
| Average Directional Index/ADX (14) | 25.54 | POSITIVE | The high ADX value value for HOV suggests a strong trend. |
NYSE:HOV (7/21/2025, 1:48:26 PM)
108.86
+1.72 (+1.61%)