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Nova Leap Health Corp
Buy, Hold or Sell?

Let's analyse Nova Leap Health Corp together

PenkeI guess you are interested in Nova Leap Health Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Nova Leap Health Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Nova Leap Health Corp (30 sec.)










What can you expect buying and holding a share of Nova Leap Health Corp? (30 sec.)

How much money do you get?

How much money do you get?
C$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
C$0.29
Expected worth in 1 year
C$0.28
How sure are you?
70.8%

+ What do you gain per year?

Total Gains per Share
C$-0.01
Return On Investment
-4.0%

For what price can you sell your share?

Current Price per Share
C$0.27
Expected price per share
C$0.25 - C$0.3
How sure are you?
50%

1. Valuation of Nova Leap Health Corp (5 min.)




Live pricePrice per Share (EOD)

C$0.27

Intrinsic Value Per Share

C$-1.09 - C$-1.32

Total Value Per Share

C$-0.79 - C$-1.03

2. Growth of Nova Leap Health Corp (5 min.)




Is Nova Leap Health Corp growing?

Current yearPrevious yearGrowGrow %
How rich?$18.6m$18.5m$58.9k0.3%

How much money is Nova Leap Health Corp making?

Current yearPrevious yearGrowGrow %
Making money-$267.6k-$147.9k-$119.7k-44.7%
Net Profit Margin-4.0%-2.6%--

How much money comes from the company's main activities?

3. Financial Health of Nova Leap Health Corp (5 min.)




4. Comparing to competitors in the Medical Care Facilities industry (5 min.)




  Industry Rankings (Medical Care Facilities)  


Richest
#145 / 187

Most Revenue
#161 / 187

Most Profit
#124 / 187

Most Efficient
#139 / 187

What can you expect buying and holding a share of Nova Leap Health Corp? (5 min.)

Welcome investor! Nova Leap Health Corp's management wants to use your money to grow the business. In return you get a share of Nova Leap Health Corp.

What can you expect buying and holding a share of Nova Leap Health Corp?

First you should know what it really means to hold a share of Nova Leap Health Corp. And how you can make/lose money.

Speculation

The Price per Share of Nova Leap Health Corp is C$0.265. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Nova Leap Health Corp.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Nova Leap Health Corp, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is C$0.29. Based on the TTM, the Book Value Change Per Share is C$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is C$0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is C$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nova Leap Health Corp.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps0.001.7%0.00-1.0%0.00-0.6%0.000.5%0.000.0%
Usd Book Value Change Per Share0.000.1%0.00-0.7%0.000.4%0.013.3%0.013.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.1%0.00-0.7%0.000.4%0.013.3%0.013.4%
Usd Price Per Share0.13-0.15-0.36-0.33-0.27-
Price to Earnings Ratio7.30--7.74--67.16--14.34--12.85-
Price-to-Total Gains Ratio423.43-98.16--170.46--7.41--1.50-
Price to Book Ratio0.59-0.70-1.66-2.21-2.95-
Price-to-Total Gains Ratio423.43-98.16--170.46--7.41--1.50-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.1951195
Number of shares5125
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.01
Usd Total Gains Per Share0.000.01
Gains per Quarter (5125 shares)-9.9144.55
Gains per Year (5125 shares)-39.66178.19
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-40-500178168
20-79-900356346
30-119-1300535524
40-159-1700713702
50-198-2100891880
60-238-250010691058
70-278-290012471236
80-317-330014251414
90-357-370016041592
100-397-410017821770

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%6.06.00.050.0%8.08.00.050.0%8.016.00.033.3%8.016.00.033.3%
Book Value Change Per Share2.02.00.050.0%7.05.00.058.3%10.06.00.062.5%17.07.00.070.8%17.07.00.070.8%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.016.00.0%0.00.024.00.0%0.00.024.00.0%
Total Gains per Share2.02.00.050.0%7.05.00.058.3%10.06.00.062.5%17.07.00.070.8%17.07.00.070.8%

Fundamentals of Nova Leap Health Corp

About Nova Leap Health Corp

Nova Leap Health Corp. provides home and home health care services in the United States and Canada. Its services include dementia care, companionship, personal and skilled nursing care, meal preparation, bathing, dressing, grooming, housekeeping, errands, transportation, and medication reminders. Nova Leap Health Corp. was incorporated in 2015 and is headquartered in Halifax, Canada.

Fundamental data was last updated by Penke on 2024-03-11 10:55:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Nova Leap Health Corp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Nova Leap Health Corp earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Nova Leap Health Corp to the Medical Care Facilities industry mean.
  • A Net Profit Margin of 5.8% means that $0.06 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Nova Leap Health Corp:

  • The MRQ is 5.8%. The company is making a profit. +1
  • The TTM is -4.0%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ5.8%TTM-4.0%+9.8%
TTM-4.0%YOY-2.6%-1.4%
TTM-4.0%5Y2.6%-6.6%
5Y2.6%10Y-113.3%+116.0%
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ5.8%2.2%+3.6%
TTM-4.0%2.1%-6.1%
YOY-2.6%3.4%-6.0%
5Y2.6%2.9%-0.3%
10Y-113.3%3.6%-116.9%
1.1.2. Return on Assets

Shows how efficient Nova Leap Health Corp is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Nova Leap Health Corp to the Medical Care Facilities industry mean.
  • 1.7% Return on Assets means that Nova Leap Health Corp generated $0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Nova Leap Health Corp:

  • The MRQ is 1.7%. Using its assets, the company is less efficient in making profit.
  • The TTM is -1.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ1.7%TTM-1.1%+2.8%
TTM-1.1%YOY-0.5%-0.6%
TTM-1.1%5Y0.6%-1.7%
5Y0.6%10Y-5.5%+6.1%
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7%0.7%+1.0%
TTM-1.1%0.6%-1.7%
YOY-0.5%1.0%-1.5%
5Y0.6%0.8%-0.2%
10Y-5.5%1.0%-6.5%
1.1.3. Return on Equity

Shows how efficient Nova Leap Health Corp is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Nova Leap Health Corp to the Medical Care Facilities industry mean.
  • 2.0% Return on Equity means Nova Leap Health Corp generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Nova Leap Health Corp:

  • The MRQ is 2.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -1.4%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ2.0%TTM-1.4%+3.5%
TTM-1.4%YOY-0.8%-0.6%
TTM-1.4%5Y0.9%-2.3%
5Y0.9%10Y-9.2%+10.1%
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0%2.0%+0.0%
TTM-1.4%2.1%-3.5%
YOY-0.8%2.5%-3.3%
5Y0.9%2.1%-1.2%
10Y-9.2%2.5%-11.7%

1.2. Operating Efficiency of Nova Leap Health Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nova Leap Health Corp is operating .

  • Measures how much profit Nova Leap Health Corp makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Nova Leap Health Corp to the Medical Care Facilities industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Nova Leap Health Corp:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.7%+0.7%
TTM-0.7%YOY-4.5%+3.8%
TTM-0.7%5Y-1.1%+0.3%
5Y-1.1%10Y-91.4%+90.3%
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.9%-7.9%
TTM-0.7%6.8%-7.5%
YOY-4.5%6.6%-11.1%
5Y-1.1%6.4%-7.5%
10Y-91.4%8.0%-99.4%
1.2.2. Operating Ratio

Measures how efficient Nova Leap Health Corp is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Medical Care Facilities industry mean).
  • An Operation Ratio of 1.59 means that the operating costs are $1.59 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Nova Leap Health Corp:

  • The MRQ is 1.595. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.644. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.595TTM1.644-0.050
TTM1.644YOY1.704-0.060
TTM1.6445Y1.608+0.036
5Y1.60810Y2.631-1.023
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5951.166+0.429
TTM1.6441.128+0.516
YOY1.7040.990+0.714
5Y1.6081.019+0.589
10Y2.6311.001+1.630

1.3. Liquidity of Nova Leap Health Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Nova Leap Health Corp is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Medical Care Facilities industry mean).
  • A Current Ratio of 1.30 means the company has $1.30 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Nova Leap Health Corp:

  • The MRQ is 1.300. The company is just able to pay all its short-term debts.
  • The TTM is 1.097. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.300TTM1.097+0.203
TTM1.097YOY0.986+0.111
TTM1.0975Y1.250-0.154
5Y1.25010Y1.331-0.080
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3001.286+0.014
TTM1.0971.308-0.211
YOY0.9861.383-0.397
5Y1.2501.386-0.136
10Y1.3311.413-0.082
1.3.2. Quick Ratio

Measures if Nova Leap Health Corp is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Nova Leap Health Corp to the Medical Care Facilities industry mean.
  • A Quick Ratio of 0.69 means the company can pay off $0.69 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Nova Leap Health Corp:

  • The MRQ is 0.689. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.602. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.689TTM0.602+0.088
TTM0.602YOY0.636-0.034
TTM0.6025Y0.604-0.002
5Y0.60410Y0.480+0.124
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6890.941-0.252
TTM0.6020.961-0.359
YOY0.6361.037-0.401
5Y0.6041.182-0.578
10Y0.4801.125-0.645

1.4. Solvency of Nova Leap Health Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Nova Leap Health Corp assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Nova Leap Health Corp to Medical Care Facilities industry mean.
  • A Debt to Asset Ratio of 0.15 means that Nova Leap Health Corp assets are financed with 15.3% credit (debt) and the remaining percentage (100% - 15.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Nova Leap Health Corp:

  • The MRQ is 0.153. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.186. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.153TTM0.186-0.033
TTM0.186YOY0.288-0.102
TTM0.1865Y0.317-0.131
5Y0.31710Y0.348-0.032
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1530.543-0.390
TTM0.1860.548-0.362
YOY0.2880.518-0.230
5Y0.3170.564-0.247
10Y0.3480.533-0.185
1.4.2. Debt to Equity Ratio

Measures if Nova Leap Health Corp is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Nova Leap Health Corp to the Medical Care Facilities industry mean.
  • A Debt to Equity ratio of 18.1% means that company has $0.18 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Nova Leap Health Corp:

  • The MRQ is 0.181. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.230. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.181TTM0.230-0.049
TTM0.230YOY0.406-0.177
TTM0.2305Y0.511-0.281
5Y0.51110Y0.587-0.076
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1810.928-0.747
TTM0.2300.960-0.730
YOY0.4061.061-0.655
5Y0.5111.214-0.703
10Y0.5871.198-0.611

2. Market Valuation of Nova Leap Health Corp

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Nova Leap Health Corp generates.

  • Above 15 is considered overpriced but always compare Nova Leap Health Corp to the Medical Care Facilities industry mean.
  • A PE ratio of 7.30 means the investor is paying $7.30 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Nova Leap Health Corp:

  • The EOD is 11.054. Based on the earnings, the company is underpriced. +1
  • The MRQ is 7.300. Based on the earnings, the company is cheap. +2
  • The TTM is -7.735. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD11.054MRQ7.300+3.754
MRQ7.300TTM-7.735+15.035
TTM-7.735YOY-67.156+59.421
TTM-7.7355Y-14.343+6.608
5Y-14.34310Y-12.853-1.490
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
EOD11.05412.025-0.971
MRQ7.30010.707-3.407
TTM-7.73513.872-21.607
YOY-67.15611.719-78.875
5Y-14.34313.630-27.973
10Y-12.85319.337-32.190
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Nova Leap Health Corp:

  • The EOD is 6.564. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.335. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 0.490. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD6.564MRQ4.335+2.229
MRQ4.335TTM0.490+3.845
TTM0.490YOY10.262-9.771
TTM0.4905Y2.090-1.600
5Y2.09010Y1.393+0.697
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
EOD6.5648.841-2.277
MRQ4.3357.243-2.908
TTM0.4906.347-5.857
YOY10.2625.533+4.729
5Y2.0906.145-4.055
10Y1.3935.110-3.717
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Nova Leap Health Corp is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Medical Care Facilities industry mean).
  • A PB ratio of 0.59 means the investor is paying $0.59 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Nova Leap Health Corp:

  • The EOD is 0.900. Based on the equity, the company is cheap. +2
  • The MRQ is 0.594. Based on the equity, the company is cheap. +2
  • The TTM is 0.699. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.900MRQ0.594+0.306
MRQ0.594TTM0.699-0.105
TTM0.699YOY1.663-0.964
TTM0.6995Y2.206-1.506
5Y2.20610Y2.947-0.741
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
EOD0.9001.971-1.071
MRQ0.5942.117-1.523
TTM0.6992.028-1.329
YOY1.6632.291-0.628
5Y2.2062.374-0.168
10Y2.9472.685+0.262
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Nova Leap Health Corp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.000-0.003+736%0.002-74%0.012-96%0.012-97%
Book Value Per Share--0.2940.293+0%0.292+1%0.235+25%0.169+74%
Current Ratio--1.3001.097+19%0.986+32%1.250+4%1.331-2%
Debt To Asset Ratio--0.1530.186-18%0.288-47%0.317-52%0.348-56%
Debt To Equity Ratio--0.1810.230-21%0.406-56%0.511-65%0.587-69%
Dividend Per Share----0%-0%-0%-0%
Eps--0.006-0.004+163%-0.002+139%0.002+221%0.000+102%
Free Cash Flow Per Share--0.0100.005+87%0.007+48%0.008+25%0.008+25%
Free Cash Flow To Equity Per Share--0.003-0.005+229%0.008-57%0.009-61%0.009-61%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---1.323--------
Intrinsic Value_10Y_min---1.089--------
Intrinsic Value_1Y_max--0.001--------
Intrinsic Value_1Y_min--0.001--------
Intrinsic Value_3Y_max---0.098--------
Intrinsic Value_3Y_min---0.092--------
Intrinsic Value_5Y_max---0.321--------
Intrinsic Value_5Y_min---0.289--------
Market Cap22845438.000+34%15086619.10017672896.660-15%41811466.485-64%38982726.411-61%31035314.524-51%
Net Profit Margin--0.058-0.040+168%-0.026+144%0.026+120%-1.133+2053%
Operating Margin----0.0070%-0.0450%-0.0110%-0.9140%
Operating Ratio--1.5951.644-3%1.704-6%1.608-1%2.631-39%
Pb Ratio0.900+34%0.5940.699-15%1.663-64%2.206-73%2.947-80%
Pe Ratio11.054+34%7.300-7.735+206%-67.156+1020%-14.343+296%-12.853+276%
Price Per Share0.265+34%0.1750.205-15%0.485-64%0.452-61%0.360-51%
Price To Free Cash Flow Ratio6.564+34%4.3350.490+784%10.262-58%2.090+107%1.393+211%
Price To Total Gains Ratio641.195+34%423.43198.159+331%-170.461+140%-7.410+102%-1.496+100%
Quick Ratio--0.6890.602+15%0.636+8%0.604+14%0.480+44%
Return On Assets--0.017-0.011+164%-0.005+131%0.006+194%-0.055+418%
Return On Equity--0.020-0.014+171%-0.008+141%0.009+128%-0.092+553%
Total Gains Per Share--0.000-0.003+736%0.002-74%0.012-96%0.012-97%
Usd Book Value--18689698.87418619043.707+0%18560046.755+1%14911321.921+25%10744218.738+74%
Usd Book Value Change Per Share--0.000-0.002+736%0.001-74%0.009-96%0.009-97%
Usd Book Value Per Share--0.2170.216+0%0.215+1%0.173+25%0.125+74%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.004-0.003+163%-0.002+139%0.001+221%0.000+102%
Usd Free Cash Flow--640612.642342494.284+87%432189.566+48%481713.157+33%321142.105+99%
Usd Free Cash Flow Per Share--0.0070.004+87%0.005+48%0.006+25%0.006+25%
Usd Free Cash Flow To Equity Per Share--0.003-0.003+229%0.006-57%0.007-61%0.007-61%
Usd Market Cap16821095.999+34%11108277.64313012553.811-15%30785782.773-64%28702981.457-61%22851302.084-51%
Usd Price Per Share0.195+34%0.1290.151-15%0.357-64%0.333-61%0.265-51%
Usd Profit--380425.237-267655.573+170%-147948.093+139%111449.100+241%-11936.058+103%
Usd Revenue--6554968.6836603064.566-1%6835117.379-4%5703550.700+15%4120575.348+59%
Usd Total Gains Per Share--0.000-0.002+736%0.001-74%0.009-96%0.009-97%
 EOD+4 -4MRQTTM+26 -6YOY+21 -115Y+21 -1110Y+20 -12

3.2. Fundamental Score

Let's check the fundamental score of Nova Leap Health Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.054
Price to Book Ratio (EOD)Between0-10.900
Net Profit Margin (MRQ)Greater than00.058
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.689
Current Ratio (MRQ)Greater than11.300
Debt to Asset Ratio (MRQ)Less than10.153
Debt to Equity Ratio (MRQ)Less than10.181
Return on Equity (MRQ)Greater than0.150.020
Return on Assets (MRQ)Greater than0.050.017
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Nova Leap Health Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.422
Ma 20Greater thanMa 500.244
Ma 50Greater thanMa 1000.231
Ma 100Greater thanMa 2000.234
OpenGreater thanClose0.265
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets22,060
Total Liabilities3,374
Total Stockholder Equity18,686
 As reported
Total Liabilities 3,374
Total Stockholder Equity+ 18,686
Total Assets = 22,060

Assets

Total Assets22,060
Total Current Assets3,003
Long-term Assets19,057
Total Current Assets
Cash And Cash Equivalents 1,107
Net Receivables 1,593
Total Current Assets  (as reported)3,003
Total Current Assets  (calculated)2,699
+/- 304
Long-term Assets
Property Plant Equipment 1,247
Goodwill 15,693
Intangible Assets 679
Long-term Assets  (as reported)19,057
Long-term Assets  (calculated)17,619
+/- 1,438

Liabilities & Shareholders' Equity

Total Current Liabilities2,311
Long-term Liabilities1,063
Total Stockholder Equity18,686
Total Current Liabilities
Short Long Term Debt 765
Accounts payable 1,194
Total Current Liabilities  (as reported)2,311
Total Current Liabilities  (calculated)1,959
+/- 352
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt1,247
Long-term Liabilities  (as reported)1,063
Long-term Liabilities  (calculated)1,247
+/- 185
Total Stockholder Equity
Total Stockholder Equity (as reported)18,686
Total Stockholder Equity (calculated)0
+/- 18,686
Other
Capital Stock18,959
Common Stock Shares Outstanding 86,209
Net Invested Capital 19,577
Net Working Capital 692



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-09-30
> Total Assets 
523
810
403
1,734
2,914
5,656
10,570
12,330
14,115
14,595
14,276
16,062
17,535
18,401
23,481
25,229
26,769
26,640
25,501
25,391
23,949
23,178
22,383
22,060
22,06022,38323,17823,94925,39125,50126,64026,76925,22923,48118,40117,53516,06214,27614,59514,11512,33010,5705,6562,9141,734403810523
   > Total Current Assets 
283
587
175
309
466
1,158
2,967
3,173
3,482
4,327
4,477
6,173
4,334
5,683
11,400
11,809
5,962
5,809
4,879
5,164
3,978
3,318
2,958
3,003
3,0032,9583,3183,9785,1644,8795,8095,96211,80911,4005,6834,3346,1734,4774,3273,4823,1732,9671,158466309175587283
       Cash And Cash Equivalents 
227
567
158
232
137
424
1,545
1,821
1,635
2,557
2,754
4,686
2,779
2,351
6,455
6,320
1,733
1,647
794
2,207
1,273
894
888
1,107
1,1078888941,2732,2077941,6471,7336,3206,4552,3512,7794,6862,7542,5571,6351,8211,545424137232158567227
       Net Receivables 
45
12
12
55
270
603
1,253
1,208
1,680
1,612
1,500
1,348
1,408
3,198
4,748
5,257
3,943
3,878
3,776
2,696
2,413
1,631
1,673
1,593
1,5931,6731,6312,4132,6963,7763,8783,9435,2574,7483,1981,4081,3481,5001,6121,6801,2081,25360327055121245
   > Long-term Assets 
0
0
0
0
0
0
0
0
10,633
10,269
9,799
9,890
13,201
12,719
12,081
13,420
20,807
20,830
20,621
20,227
19,971
19,861
19,424
19,057
19,05719,42419,86119,97120,22720,62120,83020,80713,42012,08112,71913,2019,8909,79910,26910,63300000000
       Property Plant Equipment 
0
0
0
0
3
21
35
33
271
247
302
268
395
348
449
489
1,294
1,310
1,334
1,372
1,494
1,437
1,359
1,247
1,2471,3591,4371,4941,3721,3341,3101,29448944934839526830224727133352130000
       Goodwill 
180
180
180
1,330
2,117
3,551
6,259
7,559
9,416
9,222
8,508
8,784
10,176
10,206
9,635
10,855
16,705
16,739
16,667
16,528
16,040
16,042
15,740
15,693
15,69315,74016,04216,04016,52816,66716,73916,70510,8559,63510,20610,1768,7848,5089,2229,4167,5596,2593,5512,1171,330180180180
       Intangible Assets 
60
5
3
50
226
803
1,164
1,403
811
697
615
554
1,350
1,185
1,025
1,169
2,079
1,837
1,548
1,297
1,091
951
792
679
6797929511,0911,2971,5481,8372,0791,1691,0251,1851,3505546156978111,4031,164803226503560
       Other Assets 
0
38
45
45
102
123
144
161
134
104
373
284
1,280
980
973
906
729
944
1,072
1,029
1,346
0
1,533
0
01,53301,3461,0291,0729447299069739801,2802843731041341611441231024545380
> Total Liabilities 
260
310
73
821
1,093
2,688
4,787
5,631
7,041
6,752
6,834
7,932
7,693
5,767
5,552
6,278
8,289
8,228
7,519
6,038
5,267
4,744
3,723
3,374
3,3743,7234,7445,2676,0387,5198,2288,2896,2785,5525,7677,6937,9326,8346,7527,0415,6314,7872,6881,09382173310260
   > Total Current Liabilities 
82
168
73
821
1,093
2,554
4,435
5,037
4,735
4,192
4,093
4,965
4,174
4,074
4,208
4,864
6,227
6,285
5,633
4,323
3,988
3,530
2,573
2,311
2,3112,5733,5303,9884,3235,6336,2856,2274,8644,2084,0744,1744,9654,0934,1924,7355,0374,4352,5541,0938217316882
       Short-term Debt 
178
142
0
560
541
142
369
456
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000004563691425415600142178
       Short Long Term Debt 
178
142
0
560
541
142
369
456
3,484
3,036
2,778
3,558
2,744
2,705
2,530
2,470
3,989
3,960
4,015
2,502
2,357
1,862
1,068
765
7651,0681,8622,3572,5024,0153,9603,9892,4702,5302,7052,7443,5582,7783,0363,4844563691425415600142178
       Accounts payable 
82
93
56
244
286
503
801
649
822
834
970
1,082
886
1,035
1,267
1,390
1,309
1,443
1,126
1,306
1,229
1,286
1,068
1,194
1,1941,0681,2861,2291,3061,1261,4431,3091,3901,2671,0358861,082970834822649801503286244569382
       Other Current Liabilities 
0
75
17
17
99
87
76
65
187
160
183
173
345
358
188
779
431
566
155
159
58
0
61
0
061058159155566431779188358345173183160187657687991717750
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
2,306
2,559
2,740
2,967
3,519
1,694
1,343
1,414
2,062
1,944
1,886
1,715
1,278
1,215
1,150
1,063
1,0631,1501,2151,2781,7151,8861,9442,0621,4141,3431,6943,5192,9672,7402,5592,30600000000
       Other Liabilities 
0
0
0
0
0
0
0
98
200
200
324
488
442
383
394
401
141
66
0
0
0
0
0
0
00000066141401394383442488324200200980000000
> Total Stockholder Equity
263
499
330
913
1,822
2,968
5,782
6,699
7,074
7,844
7,442
8,131
9,842
12,634
17,930
18,951
18,480
18,411
17,981
19,353
18,682
18,434
18,660
18,686
18,68618,66018,43418,68219,35317,98118,41118,48018,95117,93012,6349,8428,1317,4427,8447,0746,6995,7822,9681,822913330499263
   Common Stock
511
939
939
1,594
2,596
3,796
6,776
7,929
9,002
10,175
10,259
10,271
10,286
12,159
17,030
17,136
17,136
17,136
17,136
18,959
18,959
0
18,959
0
018,959018,95918,95917,13617,13617,13617,13617,03012,15910,28610,27110,25910,1759,0027,9296,7763,7962,5961,594939939511
   Retained Earnings 
-371
-648
-812
-1,080
-1,341
-1,780
-1,951
-2,330
-3,374
-3,031
-3,822
-3,354
-2,118
-1,236
-890
369
-357
-747
-771
-222
-1,193
-1,490
-1,673
-1,293
-1,293-1,673-1,490-1,193-222-771-747-357369-890-1,236-2,118-3,354-3,822-3,031-3,374-2,330-1,951-1,780-1,341-1,080-812-648-371
   Capital Surplus 000000000000000000000000
   Treasury Stock000000000000000000000000
   Other Stockholders Equity 
8
92
95
291
459
776
756
871
352
-555
-372
-238
92
209
258
-164
-81
144
-352
-1,430
-1,215
0
-805
0
0-8050-1,215-1,430-352144-81-16425820992-238-372-55535287175677645929195928



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue26,407
Cost of Revenue-16,834
Gross Profit9,5739,573
 
Operating Income (+$)
Gross Profit9,573
Operating Expense-26,586
Operating Income-179-17,013
 
Operating Expense (+$)
Research Development-
Selling General Administrative2,335
Selling And Marketing Expenses-
Operating Expense26,5862,335
 
Net Interest Income (+$)
Interest Income-
Interest Expense-233
Other Finance Cost-0
Net Interest Income-233
 
Pretax Income (+$)
Operating Income-179
Net Interest Income-233
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-1,408816
EBIT - interestExpense = -233
-1,070
-837
Interest Expense233
Earnings Before Interest and Taxes (EBIT)--1,174
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-1,408
Tax Provision--337
Net Income From Continuing Ops-1,070-1,070
Net Income-1,070
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-995233
 

Technical Analysis of Nova Leap Health Corp
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Nova Leap Health Corp. The general trend of Nova Leap Health Corp is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Nova Leap Health Corp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Nova Leap Health Corp.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.29 < 0.29 < 0.3.

The bearish price targets are: 0.26 > 0.26 > 0.25.

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Nova Leap Health Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Nova Leap Health Corp. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Nova Leap Health Corp Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Nova Leap Health Corp. The current macd is 0.01406233.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Nova Leap Health Corp price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Nova Leap Health Corp. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Nova Leap Health Corp price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Nova Leap Health Corp Daily Moving Average Convergence/Divergence (MACD) ChartNova Leap Health Corp Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Nova Leap Health Corp. The current adx is 14.93.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Nova Leap Health Corp shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Nova Leap Health Corp Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Nova Leap Health Corp. The current sar is 0.2246855.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Nova Leap Health Corp Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Nova Leap Health Corp. The current rsi is 57.42. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Nova Leap Health Corp Daily Relative Strength Index (RSI) ChartNova Leap Health Corp Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Nova Leap Health Corp. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nova Leap Health Corp price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Nova Leap Health Corp Daily Stochastic Oscillator ChartNova Leap Health Corp Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Nova Leap Health Corp. The current cci is 59.83.

Nova Leap Health Corp Daily Commodity Channel Index (CCI) ChartNova Leap Health Corp Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Nova Leap Health Corp. The current cmo is 13.85.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Nova Leap Health Corp Daily Chande Momentum Oscillator (CMO) ChartNova Leap Health Corp Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Nova Leap Health Corp. The current willr is -41.66666667.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Nova Leap Health Corp is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Nova Leap Health Corp Daily Williams %R ChartNova Leap Health Corp Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Nova Leap Health Corp.

Nova Leap Health Corp Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Nova Leap Health Corp. The current atr is 0.01242792.

Nova Leap Health Corp Daily Average True Range (ATR) ChartNova Leap Health Corp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Nova Leap Health Corp. The current obv is -1,115,937.

Nova Leap Health Corp Daily On-Balance Volume (OBV) ChartNova Leap Health Corp Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Nova Leap Health Corp. The current mfi is 83.04.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Nova Leap Health Corp Daily Money Flow Index (MFI) ChartNova Leap Health Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nova Leap Health Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-07BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-26MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-18BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-25MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-27MFI LONG ENTRY SHORT CLOSE80 crossover to upside

6.3. Candlestick Patterns

Nova Leap Health Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Nova Leap Health Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.422
Ma 20Greater thanMa 500.244
Ma 50Greater thanMa 1000.231
Ma 100Greater thanMa 2000.234
OpenGreater thanClose0.265
Total3/5 (60.0%)
Penke

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