NOVO INTEGRATED SCIENCES INC (NVOS) Technical Analysis
NASDAQ:NVOS • US67011T3005
Current stock price
NVOS Technical Rating and Analysis
Overall NVOS gets a technical rating of 0 out of 10. NVOS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than NVOS.
- NVOS is one of the lesser performing stocks in the Health Care Providers & Services industry. 90% of 100 stocks in the same industry do better.
- NVOS is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month NVOS has a been trading in the 0.15 - 0.31 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
NVOS Weekly and Daily overview Charts
NVOS Setup Rating and Analysis
The technical rating of NVOS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
NVOS Support and Resistance Analysis
0.15
When analyzing the resistance we notice 2 important areas.
- Resistance @0.18 from a trend line in the daily time frame.
- A resistance zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
NVOS Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NVOS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVOS is down. |
| ChartMill Relative Strength | 0.72 | NEGATIVE | NVOS has a low relative strength, it was outperformed by 99.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVOS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NVOS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NVOS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.19 | OVERSOLD | The low RSI value suggests NVOS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NVOS has a negative trend. |
| Stochastics (14,3) | 1.74 | OVERSOLD | The low Stochastics value suggests NVOS may be oversold. |
| Average True Range in percent/ATR (20) | 18.06 | HIGH VOLATILITY | The high ATR as a percentage value for NVOS suggests high volalility. |
| Average Directional Index/ADX (14) | 31.02 | POSITIVE | The high ADX value value for NVOS suggests a strong trend. |
NVOS Chart- and CandleStick Pattern Analysis
NVOS Technicals: Chart, Performance Metrics, Trend & Indicators
0.15
-0.02 (-13.29%)
NOVO INTEGRATED SCIENCES INC / NVOS TA FAQ
What is the ChartMill technical rating of NOVO INTEGRATED SCIENCES INC (NVOS) stock?
ChartMill assigns a technical rating of 0 / 10 to NVOS.
Can you provide the trend direction for NOVO INTEGRATED SCIENCES INC?
The current trend direction for NOVO INTEGRATED SCIENCES INC (NVOS) is Bearish.
What is the RSI signal for NVOS stock?
NOVO INTEGRATED SCIENCES INC (NVOS) has an RSI value of 24.1867. This indicates that the stock is currently oversold.
What is the MACD signal for NVOS stock?
The MACD indicator for NOVO INTEGRATED SCIENCES INC (NVOS) has a value of -0.00429131, indicating a bearish trend.
Can you provide the buy/sell signal for NOVO INTEGRATED SCIENCES INC?
The buy/sell signal for NOVO INTEGRATED SCIENCES INC (NVOS) is sell as both the short term and long term trends are negative.