We assign a technical rating of 7 out of 10 to HOVNP. Although HOVNP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: HOVNP has an average volume of 8930 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- HOVNP is part of the Household Durables industry. There are 60 other stocks in this industry. HOVNP outperforms 79% of them.
- HOVNP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HOVNP is lagging the market slightly.
- When compared to the yearly performance of all other stocks, HOVNP outperforms 62% of them, which is more or less in line with the market.
- In the last month HOVNP has a been trading in a tight range between 19.65 and 20.65.
- Volume is considerably higher in the last couple of days.
HOVNP has an excellent technical rating and also presents 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 20.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.33, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.19
We found 2 important support areas.
- A support zone ranging from 20.06 to 20.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.38 to 19.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.76 to 20.82. 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 | UP | POSITIVE | The long term trend for HOVNP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HOVNP is up. |
| ChartMill Relative Strength | 62.75 | NEUTRAL | HOVNP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HOVNP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HOVNP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HOVNP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.14 | NEUTRAL | The RSI value for HOVNP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HOVNP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 64.31 | NEUTRAL | The Stochastics value for HOVNP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for HOVNP suggests low volalility. |
| Average Directional Index/ADX (14) | 31.43 | POSITIVE | The high ADX value value for HOVNP suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.83 | 20.05 | 0.78 (3.74%) | 25.00% |
| An entry @20.83. This is a Buy Stop order right above the resistance zone. | An exit @20.05. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.78 points, which is 3.74%. | For a 0.94% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HOVNANIAN ENTERPRISES - HOV 7 5/8 PERP
NASDAQ:HOVNP (1/16/2026, 8:25:52 PM)
20.4
0 (0%)
HOVNANIAN ENTERPRISES - HOV 7 5/8 PERP / HOVNP FAQ
Can you provide the ChartMill technical rating for HOVNANIAN ENTERPRISES - HOV 7 5/8 PERP?
ChartMill assigns a technical rating of 7 / 10 to HOVNP.
What is the current trend direction of HOVNANIAN ENTERPRISES - HOV 7 5/8 PERP (HOVNP) stock?
The current trend direction for HOVNANIAN ENTERPRISES - HOV 7 5/8 PERP (HOVNP) is Bullish.
Can you provide the RSI signal for HOVNANIAN ENTERPRISES - HOV 7 5/8 PERP?
HOVNANIAN ENTERPRISES - HOV 7 5/8 PERP (HOVNP) has an RSI value of 54.1408. This indicates that the stock is currently neutral.
What is the short term momentum for HOVNP stock?
The short term momentum for HOVNANIAN ENTERPRISES - HOV 7 5/8 PERP (HOVNP) is positive.
Can you provide the support and resistance levels for HOVNANIAN ENTERPRISES - HOV 7 5/8 PERP?
HOVNANIAN ENTERPRISES - HOV 7 5/8 PERP (HOVNP) has a support level at 20.33 and a resistance level at 20.76. Check the full technical report for our detailed analysis of HOVNP support and resistance levels.