PONO CAPITAL THREE INC-A-28 (HOVRW) Stock Technical Analysis
USA - NASDAQ:HOVRW -
Taking everything into account, HOVRW scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
HOVRW 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 very little resistance above the current price. There is a support zone below the current price at 0.27, a Stop Loss order could be placed below this zone.
More info and screens
0.21
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.21 from a horizontal line in the daily time frame.
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 HOVRW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HOVRW is neutral. |
| ChartMill Relative Strength | 99.92 | POSITIVE | HOVRW has a high relative strength, it outperformed 99.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HOVRW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HOVRW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HOVRW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.84 | NEUTRAL | The RSI value for HOVRW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HOVRW has a negative trend. |
| Stochastics (14,3) | 13.51 | OVERSOLD | The low Stochastics value suggests HOVRW may be oversold. |
| Average True Range in percent/ATR (20) | 31.48 | HIGH VOLATILITY | The high ATR as a percentage value for HOVRW suggests high volalility. |
| Average Directional Index/ADX (14) | 32.73 | POSITIVE | The high ADX value value for HOVRW 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 |
|---|---|---|---|
| 0.50 | 0.37 | 0.13 (26.27%) | 3.81% |
| An entry @0.50. This is a Buy Stop order right above the 10 day moving average. | An exit @0.37. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.13 points, which is 26.27%. | When investing 3.81% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of HOVRW. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:HOVRW (11/4/2025, 8:00:02 PM)
0.426
-0.04 (-9.36%)
PONO CAPITAL THREE INC-A-28 / HOVRW FAQ
Can you provide the ChartMill technical rating for PONO CAPITAL THREE INC-A-28?
ChartMill assigns a technical rating of 9 / 10 to HOVRW.
What is the trend direction for HOVRW stock?
The current trend direction for PONO CAPITAL THREE INC-A-28 (HOVRW) is Bullish.
Can you provide the RSI signal for PONO CAPITAL THREE INC-A-28?
PONO CAPITAL THREE INC-A-28 (HOVRW) has an RSI value of 46.8385. This indicates that the stock is currently neutral.
What is the short term momentum for PONO CAPITAL THREE INC-A-28 (HOVRW) stock?
The short term momentum for PONO CAPITAL THREE INC-A-28 (HOVRW) is neutral.