Hovnanian Enterprises (HOV) Technical Analysis: Signals, Charts & Indicators

3.44 / 10

Netural

Technically, HOV scores 3.44/10, signaling a neutral-to-bearish setup. Dominant bearish patterns include Dark Cloud Cover and Long Upper/Lower Shadows, while the MACD Death Cross offers a mild bullish counterweight. Recent five-day analysis shows four bearish versus zero bullish indicators, and historical win rates for these signals are modest (e.g., Dark Cloud Cover: 50% win, -3.25% avg return). The scarcity of fresh signals suggests low momentum, and the overall trend remains unclear. Traders may need to wait for a clearer breakout or reversal before taking decisive action.

Analysis Checks(1/5)

Long Upper Shadow

Score2.21/10

Win Rate40.00%

Hist. Signals20

Avg Return0.76%

Long Lower Shadow

Score2.08/10

Win Rate40.00%

Hist. Signals15

Avg Return0.15%

MACD Death Cross

Score6.54/10

Win Rate57.14%

Hist. Signals14

Avg Return2.65%

MACD Golden Cross

Score3.43/10

Win Rate45.45%

Hist. Signals11

Avg Return0.96%

Dark Cloud Cover

Score2.93/10

Win Rate50.00%

Hist. Signals2

Avg Return-3.25%

Technical Analysis of HOV?

HOV presents a Netural setup with a Technical Score of 3.44/10. Key technical indicators highlight an RSI of 62.13 and a MACD of 1.14, with the trend anchored by the 50-Day SMA at 112.60. Traders should monitor key support at 120.47 and resistance at 124.46.