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HOVRW

New Horizon Aircraft Ltd.

New Horizon Aircraft Ltd. (HOVRW) is currently in a range/mixed trend, trading below both the 50-day and 200-day moving averages. RSI is at 40.1, with 1/3 trend checks passing.

Price
$0.34
2026-07-16
Trend score
1/3
Range / Mixed
RSI (14)
40.1
Neutral
Price above MA50Price above MA200MA50 above MA200
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HOVRW with MA50 and MA200

0.710.580.460.330.2107/3110/2401/2204/1707/15
HOVRW2025-07-312026-07-15
PriceMA50MA200
Technical Indicators

Key levels & signals

MA50
$0.43-21.21% vs price
MA200
$0.41-16.92% vs price
RSI (14)
40.1Neutral zone
MACD Signal
MixedMACD near signal line
Macro Support
$0.33–$0.332.9% below price · 2 touches
Support Quality
2 touches1.2× zone volume
Chart Summary
Trend summary for HOVRW

New Horizon Aircraft Ltd. (HOVRW) currently looks more uncertain than directional, with a fairly mixed technical picture. The latest available price is $0.34, and 1 of 3 core trend checks are currently passing. Price is trading below the 50-day moving average by 21.2% and below the 200-day moving average by 16.9%.

Momentum and stretch context

HOVRW currently has an RSI reading of 40.1, which leans a little softer than neutral. That does not automatically make the chart bearish, but it does suggest momentum is not especially strong right now.

What traders may watch next

This page is designed to help you quickly understand what the HOVRW chart looks like before opening the full dashboard. The aim is not to tell you what to buy or sell, but to make it easier to judge whether the stock is trending cleanly, becoming stretched, or simply moving in a more awkward range.

Company profile

About New Horizon Aircraft Ltd.

New Horizon Aircraft Ltd. is an aerospace engineering firm dedicated to the design and development of hybrid-electric vertical takeoff and landing (eVTOL) aircraft. The company primarily targets the regional air mobility market, with a significant focus on operations within the United States. Currently under development is their Cavorite X7, a hybrid-electric aircraft designed to transport seven passengers and capable of both vertical takeoffs and landings. Established in 2013, New Horizon Aircraft Ltd. is headquartered in Lindsay, Canada.

Sector
Industrials
Industry
Aerospace & Defense
CEO
Eric Brandon Robinson
Employees
30
Market cap
$69.7M
Beta
3.84
52-week range
$0.33 – $0.51
Dividend
No
Exchange
NASDAQ
Country
CA
IPO date
12 Jan 2024
ISIN
CA64550A1158
CUSIP
64550A115
Company profile data from Financial Modeling Prep. HOVRW listed on NASDAQ.
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FAQ

Common questions about HOVRW

Is this page a buy or sell recommendation?

No. This page is designed to help you review chart structure, momentum and technical context more quickly, but it is not personal financial advice.

Why can a stock look bullish and overbought at the same time?

Strong trending stocks can still become stretched in the short term. That is why trend traders and dip buyers can read the same chart differently.

What should I do next after reading this page?

Open the full dashboard, review the chart in more detail, compare indicators, and decide whether the setup still makes sense within your own process.

HOVRW Stock Analysis: Range/Mixed trend, below MA50 & MA200, RSI 40 | MyStockHarbor