HOVNANIAN ENTERPRISES - HOV 7 5/8 PERP (HOVNP) Technical Analysis
NASDAQ:HOVNP • US4424871121
Overall HOVNP gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HOVNP is only an average performer.
- Warning: HOVNP has an average volume of 8073 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- HOVNP is one of the better performing stocks in the Household Durables industry, it outperforms 81% of 60 stocks in the same industry.
- HOVNP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month HOVNP has a been trading in the 20.55 - 21.83 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that HOVNP is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Besides having an excellent technical rating, HOVNP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 21.26, 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
3 important support areas can be observed.
- A support zone ranging from 20.52 to 21.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @20.06 from a horizontal line in the daily time frame.
- 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 21.56 to 21.65. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 75.19 | POSITIVE | HOVNP has a high relative strength, it outperformed 75.19% off all stocks 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) | 61.37 | 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. |
| Stochastics (14,3) | 76.44 | NEUTRAL | The Stochastics value for HOVNP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for HOVNP suggests low volalility. |
| Average Directional Index/ADX (14) | 18.67 | NEGATIVE | The low ADX value for HOVNP suggests a weak or negative 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 |
|---|---|---|---|
| 21.66 | 21.25 | 0.41 (1.89%) | 25.00% |
| An entry @21.66. This is a Buy Stop order right above the resistance zone. | An exit @21.25. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.41 points, which is 1.89%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.47%. |
- 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.
HOVNP Technicals: Chart, Performance Metrics, Trend & Indicators
HOVNANIAN ENTERPRISES - HOV 7 5/8 PERP
NASDAQ:HOVNP (3/4/2026, 7:31:49 PM)
21.51
-0.14 (-0.65%)
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 8 / 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 61.371. 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 21.26 and a resistance level at 21.56. Check the full technical report for our detailed analysis of HOVNP support and resistance levels.