PONO CAPITAL THREE INC-A-28 (HOVRW) Technical Analysis
NASDAQ:HOVRW
Current stock price
HOVRW Technical Rating and Analysis
Taking everything into account, HOVRW scores 2 out of 10 in our technical rating. Although HOVRW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- Warning: HOVRW has an average volume of 22148 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month HOVRW has a been trading in the 0.26 - 0.39 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the yearly performance of all stocks, we notice that HOVRW is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- HOVRW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HOVRW is lagging the market.
- Volume is considerably higher in the last couple of days.
HOVRW Weekly and Daily overview Charts
HOVRW Setup Rating and Analysis
Although the technical rating is bad, HOVRW does present a nice setup opportunity. 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 0.35. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for HOVRW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
HOVRW Support and Resistance Analysis
0.30
When analyzing the support we notice one important area.
- A support zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.38 from a trend line in the daily time frame.
HOVRW Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for HOVRW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HOVRW is down. |
| ChartMill Relative Strength | 99.46 | POSITIVE | HOVRW has a high relative strength, it outperformed 99.46% 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) | DOWN | NEGATIVE | The current price of HOVRW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HOVRW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.58 | NEUTRAL | The RSI value for HOVRW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HOVRW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.21 | NEUTRAL | The Stochastics value for HOVRW is a neutral value. |
| Average True Range in percent/ATR (20) | 12.5 | HIGH VOLATILITY | The high ATR as a percentage value for HOVRW suggests high volalility. |
| Average Directional Index/ADX (14) | 21.94 | NEUTRAL | The ADX value for HOVRW suggests a possible start of a new trend. |
HOVRW Chart- and CandleStick Pattern Analysis
HOVRW Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:HOVRW (4/21/2026, 1:28:28 PM)
0.3169
0 (-0.97%)
PONO CAPITAL THREE INC-A-28 / HOVRW TA FAQ
Can you provide the ChartMill technical rating for PONO CAPITAL THREE INC-A-28?
ChartMill assigns a technical rating of 2 / 10 to HOVRW.
What is the current trend direction of PONO CAPITAL THREE INC-A-28 (HOVRW) stock?
The current trend direction for PONO CAPITAL THREE INC-A-28 (HOVRW) is Bearish.
What is the RSI signal for HOVRW stock?
PONO CAPITAL THREE INC-A-28 (HOVRW) has an RSI value of 47.5848. This indicates that the stock is currently neutral.
What is the MACD signal for PONO CAPITAL THREE INC-A-28 (HOVRW) stock?
The MACD indicator for PONO CAPITAL THREE INC-A-28 (HOVRW) has a value of 0.00212001, indicating a bearish trend.
Can you provide the short term momentum for PONO CAPITAL THREE INC-A-28?
The short term momentum for PONO CAPITAL THREE INC-A-28 (HOVRW) is negative.