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NVOS
Stock ticker: NASDAQ
AS OF
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Capitalization
42.17M

NVOS Novo Integrated Sciences Forecast, Technical & Fundamental Analysis

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for NVOS with price predictions
08:00 PM EDT Sep 20, 2023

NVOS's Stochastic Oscillator remains in oversold zone for 1 day

Be on the lookout for a price bounce soon.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

NVOS moved above its 50-day moving average on August 16, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for NVOS crossed bullishly above the 50-day moving average on August 23, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

The 50-day moving average for NVOS moved above the 200-day moving average on September 12, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NVOS advanced for three days, in of 133 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 74 cases where NVOS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for NVOS moved out of overbought territory on September 18, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 13 similar instances where the indicator moved out of overbought territory. In of the 13 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on September 19, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on NVOS as a result. In of 139 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for NVOS turned negative on September 20, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 61 similar instances when the indicator turned negative. In of the 61 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NVOS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

NVOS broke above its upper Bollinger Band on September 11, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NVOS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.587) is normal, around the industry mean (4.965). P/E Ratio (0.000) is within average values for comparable stocks, (73.085). NVOS's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.454). NVOS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.024). P/S Ratio (17.182) is also within normal values, averaging (18.512).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NVOS’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are DaVita (NYSE:DVA), Community Health Systems (NYSE:CYH).

Industry description

The medical/nursing services includes companies that provide medical-related services such as ambulance services, dialysis centers, respiratory therapy, blood testing and rehabilitation services. DaVita Inc., Chemed Corporation and Guardant Health, Inc. are examples of companies in this industry.

Market Cap

The average market capitalization across the Medical/Nursing Services Industry is 3.6B. The market cap for tickers in the group ranges from 1.86K to 69.14B. HCA holds the highest valuation in this group at 69.14B. The lowest valued company is CSAY at 1.86K.

High and low price notable news

The average weekly price growth across all stocks in the Medical/Nursing Services Industry was -3%. For the same Industry, the average monthly price growth was -3%, and the average quarterly price growth was -0%. BNKL experienced the highest price growth at 100%, while TPIA experienced the biggest fall at -44%.

Volume

The average weekly volume growth across all stocks in the Medical/Nursing Services Industry was -27%. For the same stocks of the Industry, the average monthly volume growth was -52% and the average quarterly volume growth was 19%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 62
Price Growth Rating: 63
SMR Rating: 80
Profit Risk Rating: 83
Seasonality Score: -24 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Industry MedicalNursingServices

Profile
Fundamentals
Details
Industry
N/A
Address
11120 NE 2nd Street
Phone
+1 206 617-9797
Employees
206
Web
https://www.novointegrated.com
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NVOS and

Correlation & Price change

A.I.dvisor tells us that NVOS and CMPS have been poorly correlated (+25% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that NVOS and CMPS's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NVOS
1D Price
Change %
NVOS100%
+2.65%
CMPS - NVOS
25%
Poorly correlated
-3.16%
CCM - NVOS
22%
Poorly correlated
-0.78%
LFST - NVOS
15%
Poorly correlated
-4.60%
JYNT - NVOS
14%
Poorly correlated
+0.95%
INNV - NVOS
14%
Poorly correlated
-3.14%
More

Groups containing NVOS

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NVOS
1D Price
Change %
NVOS100%
+2.65%
Health Services
(undefined stocks)
10%
Poorly correlated
-0.13%
Medical/Nursing Services
(undefined stocks)
10%
Poorly correlated
-0.09%