ASX:NHCOil and Gas
How Technical Downtrend and New Production Forecasts at New Hope (ASX:NHC) Have Changed Its Investment Story
New Hope Corporation Limited recently received shareholder approval for amendments to its Constitution and reported quarterly group coal production for the quarter ended October 31, 2025, alongside issuing new production guidance for fiscal 2026.
Technical analysis has spotlighted New Hope Corporation as experiencing excess supply and downward price pressure, drawing increased interest from market participants.
We’ll assess how the technical downtrend flagged by analysts shapes New Hope’s...