(NVFY) Nova Lifestyle complete technical analysis [charts+indicators] | Buy/Sell Nova Lifestyle | (NVFY) share price targets
Complete technical analysis of Nova Lifestyle (NVFY) by charts plus indicators, forecast predictions and share price targets for Nova Lifestyle (NVFY)
Nova Lifestyle trades in USA in Consumer Durables sector.
Showing technical analysis as on 2024-05-30 View latest technical analysis
10 day averaged volume of Nova Lifestyle is 14524
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 1.65 | 1.72 | 1.76 | 1.52 | 2.086 times |
| 29 Wed May 2024 | 1.72 | 1.89 | 1.93 | 1.68 | 0.406 times |
| 28 Tue May 2024 | 1.82 | 1.89 | 1.94 | 1.65 | 2.086 times |
| 23 Thu May 2024 | 1.99 | 1.99 | 2.09 | 1.94 | 1.625 times |
| 22 Wed May 2024 | 1.98 | 2.08 | 2.08 | 1.98 | 0.427 times |
| 21 Tue May 2024 | 2.09 | 2.09 | 2.09 | 1.98 | 0.151 times |
| 20 Mon May 2024 | 2.09 | 2.08 | 2.09 | 1.96 | 0.602 times |
| 17 Fri May 2024 | 2.05 | 2.09 | 2.10 | 1.98 | 1.009 times |
| 16 Thu May 2024 | 2.07 | 2.13 | 2.13 | 2.02 | 1.186 times |
| 15 Wed May 2024 | 2.05 | 2.07 | 2.19 | 2.01 | 1.819 times |
Stock of Nova Lifestyle (NVFY) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1.6, for a target of 1.9 or 2.08
Share price targets for Nova Lifestyle (NVFY)
| Target Type | Value |
| Downside Target | 1.45 |
| Downside Target | 1.52 |
| Downside Target | 1.61 |
| Upside Target | 1.94 |
| Upside Target | 2.01 |
| Upside Target | 2.09 |
| Upside Target | 2.19 |
| Upside Target | 2.28 |
| Upside Target | 2.52 |
| Upside Target | 2.58 |
| Upside Target | 2.61 |
| Upside Target | 2.79 |
| Upside Target | 3.73 |
| Upside Target | 3.88 |
| Upside Target | 4.42 |
Intraday share price targets for Nova Lifestyle (NVFY)
| Target Type | Value |
| Downside Intraday Target | 1.47 |
| Downside Intraday Target | 1.28 |
| Upside Intraday Target | 1.89 |
| Upside Intraday Target | 2.12 |
| Upside Intraday Target | 1.7 |
Weekly technical analysis of Nova Lifestyle (NVFY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 1.65 | 1.89 | 1.94 | 1.52 | 1.632 times |
| 23 Thu May 2024 | 1.99 | 2.08 | 2.09 | 1.94 | 0.498 times |
| 17 Fri May 2024 | 2.05 | 1.95 | 2.19 | 1.95 | 0.933 times |
| 10 Fri May 2024 | 1.95 | 2.21 | 2.52 | 1.95 | 0.883 times |
| 03 Fri May 2024 | 2.29 | 2.79 | 2.79 | 2.28 | 0.155 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Nova Lifestyle (NVFY)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 1.65 | 2.47 | 2.61 | 1.52 | 0.01 times |
| 30 Tue Apr 2024 | 2.42 | 2.90 | 3.73 | 2.11 | 0.474 times |
| 28 Thu Mar 2024 | 2.99 | 1.73 | 4.42 | 1.45 | 111.784 times |
| 29 Thu Feb 2024 | 1.63 | 2.19 | 2.58 | 1.61 | 0.487 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Nova Lifestyle (NVFY)
Price action analysis of Nova Lifestyle ( (NVFY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Nova Lifestyle ( (NVFY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Nova Lifestyle ( (NVFY) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Nova Lifestyle ( (NVFY) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Nova Lifestyle stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Nova Lifestyle in short term and the sell signal is strong.
Nova Lifestyle Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Nova Lifestyle in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Nova Lifestyle is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.92 and Nova Lifestyle (NVFY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Nova Lifestyle (NVFY) stock. Volume based technical analysis of Nova Lifestyle (NVFY) stock is negative.
Nova Lifestyle Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Nova Lifestyle ( (NVFY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Nova Lifestyle ( (NVFY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Nova Lifestyle ( (NVFY) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Nova Lifestyle ( (NVFY) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Nova Lifestyle stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Nova Lifestyle in short term and the sell signal is strong.
Nova Lifestyle Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Nova Lifestyle in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Nova Lifestyle is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.92 and Nova Lifestyle (NVFY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Nova Lifestyle (NVFY) stock. Volume based technical analysis of Nova Lifestyle (NVFY) stock is negative.
Nova Lifestyle Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.