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(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 2024-11-26 View latest technical analysis

10 day averaged volume of Nova Lifestyle is 64820

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	0.52	0.58	0.63	0.46	3.647 times
26 Tue Nov 2024	0.52	0.58	0.63	0.46	3.647 times
25 Mon Nov 2024	0.58	0.63	0.63	0.58	0.549 times
22 Fri Nov 2024	0.61	0.60	0.63	0.59	0.619 times
21 Thu Nov 2024	0.60	0.60	0.60	0.56	0.239 times
20 Wed Nov 2024	0.60	0.65	0.68	0.60	0.983 times
19 Tue Nov 2024	0.62	0.66	0.69	0.55	1.533 times
18 Mon Nov 2024	0.71	0.71	0.71	0.64	0.597 times
15 Fri Nov 2024	0.70	0.76	0.77	0.67	0.648 times
14 Thu Nov 2024	0.76	0.85	0.85	0.73	0.7 times

Stock of Nova Lifestyle (NVFY) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.6, but if it comes above 0.6, then a intra day buy could be more profitable.
If you take a sell trade below 0.6, then use 0.6 as stoploss and 0.4 as target. However if you take a buy trade in stock , then use 0.6 as stoploss and 0.8 as target.

Share price targets for Nova Lifestyle (NVFY)

Target Type	Value
Downside Target	0.46
Upside Target	0.55
Upside Target	0.63
Upside Target	0.67
Upside Target	0.71
Upside Target	0.90
Upside Target	1.02
Upside Target	1.05
Upside Target	1.17
Upside Target	1.25
Upside Target	1.31
Upside Target	1.54
Upside Target	1.56
Upside Target	1.61
Upside Target	1.68
Upside Target	2.08

Intraday share price targets for Nova Lifestyle (NVFY)

Target Type	Value
Downside Intraday Target	0.44
Downside Intraday Target	0.37
Upside Intraday Target	0.61
Upside Intraday Target	0.71
Upside Intraday Target	0.54

Weekly technical analysis of Nova Lifestyle (NVFY)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	0.52	0.58	0.63	0.46	0.869 times
26 Tue Nov 2024	0.52	0.63	0.63	0.46	1.057 times
22 Fri Nov 2024	0.61	0.71	0.71	0.55	0.445 times
15 Fri Nov 2024	0.70	1.02	1.17	0.67	4.335 times
08 Fri Nov 2024	0.95	1.05	1.05	0.90	1.222 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Nova Lifestyle (NVFY)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	0.52	1.09	1.17	0.46	4.431 times
31 Thu Oct 2024	1.09	1.52	1.54	1.02	2.1 times
30 Mon Sep 2024	1.53	1.52	1.61	1.31	0.477 times
30 Fri Aug 2024	1.49	1.68	1.68	1.25	0.524 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 losing 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 weakening, and bulls are picking up momentum!

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Nova Lifestyle is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.58 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.