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NOVITA SA
Buy, Hold or Sell?

Let's analyse Novita together

PenkeI guess you are interested in NOVITA SA. 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 NOVITA SA. 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 Novita (30 sec.)










What can you expect buying and holding a share of Novita? (30 sec.)

How much money do you get?

How much money do you get?
zł0.00
When do you have the money?
1 year
How often do you get paid?
17.5%

What is your share worth?

Current worth
zł53.38
Expected worth in 1 year
zł50.71
How sure are you?
82.5%

+ What do you gain per year?

Total Gains per Share
zł-2.67
Return On Investment
-2.5%

For what price can you sell your share?

Current Price per Share
zł106.00
Expected price per share
zł94.91 - zł111.43
How sure are you?
50%

1. Valuation of Novita (5 min.)




Live pricePrice per Share (EOD)

zł106.00

Intrinsic Value Per Share

zł0.16 - zł183.35

Total Value Per Share

zł53.54 - zł236.73

2. Growth of Novita (5 min.)




Is Novita growing?

Current yearPrevious yearGrowGrow %
How rich?$33.4m$33.4m$3.4m9.4%

How much money is Novita making?

Current yearPrevious yearGrowGrow %
Making money$1.4m$1.4m$6k0.4%
Net Profit Margin8.2%9.9%--

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

3. Financial Health of Novita (5 min.)




4. Comparing to competitors in the Textile Manufacturing industry (5 min.)




  Industry Rankings (Textile Manufacturing)  


Richest
#196 / 299

Most Revenue
#245 / 299

Most Profit
#116 / 299

What can you expect buying and holding a share of Novita? (5 min.)

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

What can you expect buying and holding a share of Novita?

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

Speculation

The Price per Share of Novita is zł106.00. 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 Novita.
  • 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 Novita, 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 zł53.38. Based on the TTM, the Book Value Change Per Share is zł-0.67 per quarter. Based on the YOY, the Book Value Change Per Share is zł0.02 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 zł0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Novita.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.420.4%0.300.3%0.580.5%0.720.7%0.510.5%
Usd Book Value Change Per Share-2.59-2.4%-0.17-0.2%0.010.0%0.100.1%0.150.1%
Usd Dividend Per Share0.000.0%0.000.0%0.580.5%0.630.6%0.350.3%
Usd Total Gains Per Share-2.59-2.4%-0.17-0.2%0.580.5%0.740.7%0.500.5%
Usd Price Per Share31.34-29.83-32.21-26.40-19.34-
Price to Earnings Ratio18.75-26.25-14.67-12.62-11.83-
Price-to-Total Gains Ratio-12.10-49.73-58.69-63.76-43.86-
Price to Book Ratio2.34-2.02-2.43-1.93-1.66-
Price-to-Total Gains Ratio-12.10-49.73-58.69-63.76-43.86-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share26.5742
Number of shares37
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.63
Usd Book Value Change Per Share-0.170.10
Usd Total Gains Per Share-0.170.74
Gains per Quarter (37 shares)-6.2027.25
Gains per Year (37 shares)-24.78109.00
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-25-35941699
20-50-6018731208
30-74-8528147317
40-99-11037462426
50-124-13546878535
60-149-16056193644
70-173-185655109753
80-198-210748124862
90-223-235842140971
100-248-2609351551080

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 Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%55.00.00.0100.0%
Book Value Change Per Share2.01.01.050.0%7.04.01.058.3%14.05.01.070.0%30.08.02.075.0%38.012.05.069.1%
Dividend per Share0.00.04.00.0%5.00.07.041.7%5.00.015.025.0%7.00.033.017.5%13.00.042.023.6%
Total Gains per Share2.01.01.050.0%10.01.01.083.3%17.02.01.085.0%33.05.02.082.5%43.08.04.078.2%

Fundamentals of Novita

About NOVITA SA

Novita S.A. engages in the production and distribution of household, medical and sanitary, clothing, footwear, and technical nonwovens worldwide. The company provides spunlace and needlepunched products. It is also involved in rental related activities. The company's products are used in the personal care, household, technical, and medical sectors. Novita S.A. was incorporated in 2001 and is headquartered in Zielona Góra, Poland. The company is a subsidiary of Tebesa Sp. z o.o.

Fundamental data was last updated by Penke on 2024-03-14 05:37:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is 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 underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of NOVITA SA.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Novita earns for each zł1 of revenue.

  • Above 10% is considered healthy but always compare Novita to the Textile Manufacturing industry mean.
  • A Net Profit Margin of 9.6% means that zł0.10 for each zł1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of NOVITA SA:

  • The MRQ is 9.6%. The company is making a profit. +1
  • The TTM is 8.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ9.6%TTM8.2%+1.4%
TTM8.2%YOY9.9%-1.7%
TTM8.2%5Y14.2%-6.0%
5Y14.2%10Y13.8%+0.4%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ9.6%2.2%+7.4%
TTM8.2%1.8%+6.4%
YOY9.9%3.7%+6.2%
5Y14.2%2.1%+12.1%
10Y13.8%2.5%+11.3%
1.1.2. Return on Assets

Shows how efficient Novita is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Novita to the Textile Manufacturing industry mean.
  • 2.5% Return on Assets means that Novita generated zł0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of NOVITA SA:

  • The MRQ is 2.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.5%TTM3.0%-0.5%
TTM3.0%YOY3.0%+0.0%
TTM3.0%5Y3.8%-0.8%
5Y3.8%10Y3.3%+0.5%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5%0.6%+1.9%
TTM3.0%0.5%+2.5%
YOY3.0%1.1%+1.9%
5Y3.8%0.9%+2.9%
10Y3.3%0.9%+2.4%
1.1.3. Return on Equity

Shows how efficient Novita is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Novita to the Textile Manufacturing industry mean.
  • 3.1% Return on Equity means Novita generated zł0.03 for each zł1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of NOVITA SA:

  • The MRQ is 3.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.1%TTM4.0%-0.8%
TTM4.0%YOY4.4%-0.4%
TTM4.0%5Y5.3%-1.4%
5Y5.3%10Y4.3%+1.0%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ3.1%1.2%+1.9%
TTM4.0%1.2%+2.8%
YOY4.4%2.5%+1.9%
5Y5.3%1.8%+3.5%
10Y4.3%1.8%+2.5%

1.2. Operating Efficiency of NOVITA SA.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Novita is operating .

  • Measures how much profit Novita makes for each zł1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Novita to the Textile Manufacturing industry mean.
  • An Operating Margin of 0.0% means the company generated zł0.00  for each zł1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of NOVITA SA:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM1.8%-1.8%
TTM1.8%YOY12.7%-10.9%
TTM1.8%5Y15.7%-13.9%
5Y15.7%10Y16.1%-0.4%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.3%-4.3%
TTM1.8%2.0%-0.2%
YOY12.7%5.1%+7.6%
5Y15.7%4.2%+11.5%
10Y16.1%3.9%+12.2%
1.2.2. Operating Ratio

Measures how efficient Novita is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Textile Manufacturing industry mean).
  • An Operation Ratio of 1.66 means that the operating costs are zł1.66 for each zł1 in net sales.

Let's take a look of the Operating Ratio trends of NOVITA SA:

  • The MRQ is 1.656. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.227. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.656TTM1.227+0.429
TTM1.227YOY0.875+0.352
TTM1.2275Y0.891+0.336
5Y0.89110Y0.864+0.027
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6561.660-0.004
TTM1.2271.676-0.449
YOY0.8751.628-0.753
5Y0.8911.623-0.732
10Y0.8641.380-0.516

1.3. Liquidity of NOVITA SA.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Novita is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Textile Manufacturing industry mean).
  • A Current Ratio of 2.95 means the company has zł2.95 in assets for each zł1 in short-term debts.

Let's take a look of the Current Ratio trends of NOVITA SA:

  • The MRQ is 2.948. The company is able to pay all its short-term debts. +1
  • The TTM is 2.372. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.948TTM2.372+0.576
TTM2.372YOY1.644+0.728
TTM2.3725Y1.690+0.682
5Y1.69010Y2.538-0.848
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9481.491+1.457
TTM2.3721.469+0.903
YOY1.6441.494+0.150
5Y1.6901.521+0.169
10Y2.5381.315+1.223
1.3.2. Quick Ratio

Measures if Novita is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Novita to the Textile Manufacturing industry mean.
  • A Quick Ratio of 1.07 means the company can pay off zł1.07 for each zł1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of NOVITA SA:

  • The MRQ is 1.074. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 0.679. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ1.074TTM0.679+0.394
TTM0.679YOY0.774-0.095
TTM0.6795Y0.621+0.059
5Y0.62110Y0.708-0.088
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0740.551+0.523
TTM0.6790.577+0.102
YOY0.7740.633+0.141
5Y0.6210.620+0.001
10Y0.7080.576+0.132

1.4. Solvency of NOVITA SA.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Novita assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Novita to Textile Manufacturing industry mean.
  • A Debt to Asset Ratio of 0.20 means that Novita assets are financed with 20.0% credit (debt) and the remaining percentage (100% - 20.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of NOVITA SA:

  • The MRQ is 0.200. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.229. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.200TTM0.229-0.029
TTM0.229YOY0.318-0.089
TTM0.2295Y0.284-0.055
5Y0.28410Y0.230+0.054
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2000.489-0.289
TTM0.2290.487-0.258
YOY0.3180.485-0.167
5Y0.2840.502-0.218
10Y0.2300.519-0.289
1.4.2. Debt to Equity Ratio

Measures if Novita is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Novita to the Textile Manufacturing industry mean.
  • A Debt to Equity ratio of 25.0% means that company has zł0.25 debt for each zł1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of NOVITA SA:

  • The MRQ is 0.250. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.301. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.250TTM0.301-0.051
TTM0.301YOY0.469-0.168
TTM0.3015Y0.402-0.100
5Y0.40210Y0.310+0.092
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2500.870-0.620
TTM0.3010.903-0.602
YOY0.4690.905-0.436
5Y0.4020.997-0.595
10Y0.3101.163-0.853

2. Market Valuation of NOVITA SA

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every zł1 in earnings Novita generates.

  • Above 15 is considered overpriced but always compare Novita to the Textile Manufacturing industry mean.
  • A PE ratio of 18.75 means the investor is paying zł18.75 for every zł1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of NOVITA SA:

  • The EOD is 15.899. Based on the earnings, the company is fair priced.
  • The MRQ is 18.749. Based on the earnings, the company is fair priced.
  • The TTM is 26.248. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD15.899MRQ18.749-2.850
MRQ18.749TTM26.248-7.499
TTM26.248YOY14.668+11.579
TTM26.2485Y12.621+13.626
5Y12.62110Y11.828+0.793
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD15.8997.622+8.277
MRQ18.7497.177+11.572
TTM26.2487.076+19.172
YOY14.6687.958+6.710
5Y12.62110.526+2.095
10Y11.82814.684-2.856
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of NOVITA SA:

  • The EOD is 6.782. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 7.998. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 15.661. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD6.782MRQ7.998-1.216
MRQ7.998TTM15.661-7.663
TTM15.661YOY-3.735+19.396
TTM15.6615Y5.952+9.709
5Y5.95210Y8.836-2.884
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD6.7822.804+3.978
MRQ7.9982.150+5.848
TTM15.6611.322+14.339
YOY-3.7351.143-4.878
5Y5.9520.617+5.335
10Y8.8361.083+7.753
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Novita is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Textile Manufacturing industry mean).
  • A PB ratio of 2.34 means the investor is paying zł2.34 for each zł1 in book value.

Let's take a look of the Price to Book Ratio trends of NOVITA SA:

  • The EOD is 1.986. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.342. Based on the equity, the company is underpriced. +1
  • The TTM is 2.019. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.986MRQ2.342-0.356
MRQ2.342TTM2.019+0.323
TTM2.019YOY2.431-0.412
TTM2.0195Y1.934+0.085
5Y1.93410Y1.664+0.270
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD1.9861.086+0.900
MRQ2.3421.067+1.275
TTM2.0191.017+1.002
YOY2.4311.121+1.310
5Y1.9341.035+0.899
10Y1.6641.265+0.399
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of NOVITA SA 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---10.333-0.668-94%0.020-50753%0.418-2573%0.590-1852%
Book Value Per Share--53.38258.962-9%53.4470%53.5530%44.562+20%
Current Ratio--2.9482.372+24%1.644+79%1.690+74%2.538+16%
Debt To Asset Ratio--0.2000.229-13%0.318-37%0.284-30%0.230-13%
Debt To Equity Ratio--0.2500.301-17%0.469-47%0.402-38%0.310-19%
Dividend Per Share----0%2.300-100%2.520-100%1.397-100%
Eps--1.6671.180+41%2.321-28%2.853-42%2.017-17%
Free Cash Flow Per Share--3.9073.156+24%1.489+162%2.251+74%1.304+200%
Free Cash Flow To Equity Per Share--3.9073.504+12%-0.098+103%0.777+403%0.382+923%
Gross Profit Margin--1.0001.0000%0.548+83%0.752+33%0.712+40%
Intrinsic Value_10Y_max--183.349--------
Intrinsic Value_10Y_min--0.157--------
Intrinsic Value_1Y_max--14.625--------
Intrinsic Value_1Y_min--4.360--------
Intrinsic Value_3Y_max--46.798--------
Intrinsic Value_3Y_min--9.415--------
Intrinsic Value_5Y_max--82.415--------
Intrinsic Value_5Y_min--10.393--------
Market Cap265000000.000-18%312500000.000297437500.000+5%321250000.000-3%263272160.995+19%192958575.807+62%
Net Profit Margin--0.0960.082+17%0.099-4%0.142-32%0.138-30%
Operating Margin---0.018-100%0.127-100%0.157-100%0.161-100%
Operating Ratio--1.6561.227+35%0.875+89%0.891+86%0.864+92%
Pb Ratio1.986-18%2.3422.019+16%2.431-4%1.934+21%1.664+41%
Pe Ratio15.899-18%18.74926.248-29%14.668+28%12.621+49%11.828+59%
Price Per Share106.000-18%125.000118.975+5%128.500-3%105.295+19%77.153+62%
Price To Free Cash Flow Ratio6.782-18%7.99815.661-49%-3.735+147%5.952+34%8.836-9%
Price To Total Gains Ratio-10.258+15%-12.09749.733-124%58.685-121%63.757-119%43.855-128%
Quick Ratio--1.0740.679+58%0.774+39%0.621+73%0.708+52%
Return On Assets--0.0250.030-17%0.030-16%0.038-34%0.033-24%
Return On Equity--0.0310.040-21%0.044-29%0.053-41%0.043-28%
Total Gains Per Share---10.333-0.668-94%2.320-545%2.938-452%1.987-620%
Usd Book Value--33456917.80036954308.150-9%33497969.9250%33574709.1950%27946281.100+20%
Usd Book Value Change Per Share---2.591-0.167-94%0.005-50753%0.105-2573%0.148-1852%
Usd Book Value Per Share--13.38314.782-9%13.3990%13.4260%11.172+20%
Usd Dividend Per Share----0%0.577-100%0.632-100%0.350-100%
Usd Eps--0.4180.296+41%0.582-28%0.715-42%0.506-17%
Usd Free Cash Flow--2448837.6001977772.300+24%933481.450+162%1411152.695+74%817708.190+199%
Usd Free Cash Flow Per Share--0.9800.791+24%0.373+162%0.564+74%0.327+200%
Usd Free Cash Flow To Equity Per Share--0.9800.878+12%-0.024+103%0.195+403%0.096+923%
Usd Market Cap66435500.000-18%78343750.00074567581.250+5%80537375.000-3%66002330.761+19%48374714.955+62%
Usd Price Per Share26.574-18%31.33829.827+5%32.215-3%26.397+19%19.342+62%
Usd Profit--1044666.9001460954.250-28%1454937.450-28%1804287.900-42%1272559.468-18%
Usd Revenue--10907957.0008717152.375+25%15084430.975-28%11011220.330-1%8254009.195+32%
Usd Total Gains Per Share---2.591-0.167-94%0.582-545%0.737-452%0.498-620%
 EOD+5 -3MRQTTM+18 -15YOY+12 -245Y+13 -2310Y+18 -18

3.2. Fundamental Score

Let's check the fundamental score of NOVITA SA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1515.899
Price to Book Ratio (EOD)Between0-11.986
Net Profit Margin (MRQ)Greater than00.096
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.074
Current Ratio (MRQ)Greater than12.948
Debt to Asset Ratio (MRQ)Less than10.200
Debt to Equity Ratio (MRQ)Less than10.250
Return on Equity (MRQ)Greater than0.150.031
Return on Assets (MRQ)Greater than0.050.025
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of NOVITA SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5026.517
Ma 20Greater thanMa 50111.350
Ma 50Greater thanMa 100116.200
Ma 100Greater thanMa 200119.772
OpenGreater thanClose105.000
Total0/5 (0.0%)



Latest Balance Sheet

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

Summary
Total Assets166,790
Total Liabilities33,336
Total Stockholder Equity133,454
 As reported
Total Liabilities 33,336
Total Stockholder Equity+ 133,454
Total Assets = 166,790

Assets

Total Assets166,790
Total Current Assets53,655
Long-term Assets113,135
Total Current Assets
Cash And Cash Equivalents 11,873
Net Receivables 19,542
Inventory 19,905
Total Current Assets  (as reported)53,655
Total Current Assets  (calculated)51,320
+/- 2,335
Long-term Assets
Property Plant Equipment 112,735
Long-term Assets  (as reported)113,135
Long-term Assets  (calculated)112,735
+/- 400

Liabilities & Shareholders' Equity

Total Current Liabilities18,201
Long-term Liabilities15,135
Total Stockholder Equity133,454
Total Current Liabilities
Accounts payable 11,681
Other Current Liabilities 5,316
Total Current Liabilities  (as reported)18,201
Total Current Liabilities  (calculated)16,997
+/- 1,204
Long-term Liabilities
Long-term Liabilities  (as reported)15,135
Long-term Liabilities  (calculated)0
+/- 15,135
Total Stockholder Equity
Retained Earnings 53,081
Total Stockholder Equity (as reported)133,454
Total Stockholder Equity (calculated)53,081
+/- 80,373
Other
Capital Stock5,000
Common Stock Shares Outstanding 2,500
Net Invested Capital 133,454
Net Working Capital 35,454



Balance Sheet

Currency in PLN. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-31
> Total Assets 
0
0
0
87,347
94,224
92,795
90,109
104,821
103,617
0
100,409
96,995
98,592
101,777
100,902
96,431
99,497
101,474
102,369
96,038
100,320
104,159
100,574
93,251
95,810
0
104,576
108,070
110,122
112,769
116,204
119,816
122,513
134,828
146,185
155,092
163,107
173,609
175,053
176,458
184,183
191,340
197,322
175,730
202,354
214,046
186,593
196,012
188,085
199,803
200,320
0
202,456
196,596
166,790
166,790196,596202,4560200,320199,803188,085196,012186,593214,046202,354175,730197,322191,340184,183176,458175,053173,609163,107155,092146,185134,828122,513119,816116,204112,769110,122108,070104,576095,81093,251100,574104,159100,32096,038102,369101,47499,49796,431100,902101,77798,59296,995100,4090103,617104,82190,10992,79594,22487,347000
   > Total Current Assets 
0
0
0
20,503
25,275
24,796
23,101
24,115
24,074
0
21,668
18,023
20,857
24,557
24,985
21,510
24,243
27,610
28,316
22,906
27,822
32,361
30,014
23,650
25,791
0
33,884
35,503
37,679
40,747
44,054
45,556
46,184
45,181
27,638
34,595
42,019
49,733
51,132
52,475
60,010
67,958
74,058
53,205
80,813
93,257
66,354
77,821
70,774
83,281
84,655
0
88,182
82,846
53,655
53,65582,84688,182084,65583,28170,77477,82166,35493,25780,81353,20574,05867,95860,01052,47551,13249,73342,01934,59527,63845,18146,18445,55644,05440,74737,67935,50333,884025,79123,65030,01432,36127,82222,90628,31627,61024,24321,51024,98524,55720,85718,02321,668024,07424,11523,10124,79625,27520,503000
       Cash And Cash Equivalents 
0
0
0
1,322
779
340
500
4,231
946
0
1,179
1,224
664
2,254
718
465
1,106
1,583
2,178
1,100
4,617
6,203
6,543
1,936
69
0
6,945
11,364
11,420
15,268
19,047
16,883
15,905
14,710
393
839
303
12
27
877
3,394
4,353
16,281
2,620
22,446
30,909
5,500
7,769
5,560
5,011
5,856
0
29,254
33,433
11,873
11,87333,43329,25405,8565,0115,5607,7695,50030,90922,4462,62016,2814,3533,394877271230383939314,71015,90516,88319,04715,26811,42011,3646,9450691,9366,5436,2034,6171,1002,1781,5831,1064657182,2546641,2241,17909464,2315003407791,322000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,154
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000000001,154000000000000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
17,004
20,268
24,662
24,046
23,164
31,582
29,580
26,085
25,522
29,688
30,075
38,514
27,534
25,966
18,065
19,542
19,54218,06525,96627,53438,51430,07529,68825,52226,08529,58031,58223,16424,04624,66220,26817,004000000000000000000000000000000000000000
       Other Current Assets 
0
0
0
8,536
9,267
12,288
11,538
11,164
9,933
0
9,365
7,718
9,039
10,934
12,936
10,055
10,806
12,919
14,019
8,578
11,308
11,700
11,668
10,890
11,453
0
12,113
10,146
10,498
11,518
11,768
14,860
17,637
16,578
13,149
10,415
11,619
21,507
22,773
19,425
23,632
27,375
25,747
23,299
31,582
30,043
26,085
27,895
29,688
30,657
38,514
3,074
0
301
0
030103,07438,51430,65729,68827,89526,08530,04331,58223,29925,74727,37523,63219,42522,77321,50711,61910,41513,14916,57817,63714,86011,76811,51810,49810,14612,113011,45310,89011,66811,70011,3088,57814,01912,91910,80610,05512,93610,9349,0397,7189,36509,93311,16411,53812,2889,2678,536000
   > Long-term Assets 
0
0
0
66,844
68,949
67,999
67,008
80,706
79,543
0
78,741
78,972
77,735
77,220
75,917
74,921
75,254
73,864
74,053
73,132
72,498
71,798
70,560
69,601
70,019
0
70,692
72,567
72,443
72,022
72,150
74,260
76,329
89,647
118,547
120,497
121,088
123,876
123,921
123,983
124,173
123,382
123,264
122,525
121,541
120,789
120,239
118,191
117,311
116,522
115,665
0
114,274
113,750
113,135
113,135113,750114,2740115,665116,522117,311118,191120,239120,789121,541122,525123,264123,382124,173123,983123,921123,876121,088120,497118,54789,64776,32974,26072,15072,02272,44372,56770,692070,01969,60170,56071,79872,49873,13274,05373,86475,25474,92175,91777,22077,73578,97278,741079,54380,70667,00867,99968,94966,844000
       Property Plant Equipment 
0
0
0
65,546
55,432
54,229
53,093
66,758
65,617
0
64,890
77,685
76,554
76,049
74,810
60,972
74,082
60,131
72,815
71,882
71,323
70,805
70,049
69,582
69,983
0
70,643
72,521
72,395
71,980
72,107
74,178
76,297
89,618
118,509
120,302
120,837
123,502
123,526
123,566
123,751
122,958
122,852
122,130
121,147
120,378
119,826
117,792
116,923
116,146
115,300
0
113,852
113,339
112,735
112,735113,339113,8520115,300116,146116,923117,792119,826120,378121,147122,130122,852122,958123,751123,566123,526123,502120,837120,302118,50989,61876,29774,17872,10771,98072,39572,52170,643069,98369,58270,04970,80571,32371,88272,81560,13174,08260,97274,81076,04976,55477,68564,890065,61766,75853,09354,22955,43265,546000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
45
0
0
0
34
0
0
0
194
250
373
394
416
421
423
411
394
393
410
412
398
0
0
0
0
0
0
0
00000003984124103933944114234214163943732501940003400045000000000000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0000100000000000000000000000000000000000000000000000000
> Total Liabilities 
0
0
0
21,941
25,013
28,326
24,031
26,267
23,523
0
24,788
19,251
19,952
29,795
26,438
20,599
20,802
23,578
21,598
13,632
15,603
23,914
27,341
17,496
15,727
0
15,576
15,431
14,415
14,735
14,186
15,261
16,005
25,125
33,622
39,868
46,501
54,514
51,723
48,008
51,063
61,585
55,656
46,603
55,850
82,464
46,664
70,136
56,641
62,785
60,187
0
45,712
37,309
33,336
33,33637,30945,712060,18762,78556,64170,13646,66482,46455,85046,60355,65661,58551,06348,00851,72354,51446,50139,86833,62225,12516,00515,26114,18614,73514,41515,43115,576015,72717,49627,34123,91415,60313,63221,59823,57820,80220,59926,43829,79519,95219,25124,788023,52326,26724,03128,32625,01321,941000
   > Total Current Liabilities 
0
0
0
13,733
17,030
20,464
16,318
16,230
13,669
0
15,166
9,003
9,753
19,696
16,503
11,365
10,999
14,324
12,020
3,832
5,379
15,429
19,382
10,434
8,723
0
8,644
8,491
7,378
7,682
7,089
7,987
8,709
17,769
26,312
32,297
38,656
41,562
39,571
35,297
38,376
48,558
42,504
33,264
42,370
68,891
32,695
56,425
42,789
48,888
46,046
0
31,009
22,421
18,201
18,20122,42131,009046,04648,88842,78956,42532,69568,89142,37033,26442,50448,55838,37635,29739,57141,56238,65632,29726,31217,7698,7097,9877,0897,6827,3788,4918,64408,72310,43419,38215,4295,3793,83212,02014,32410,99911,36516,50319,6969,7539,00315,166013,66916,23016,31820,46417,03013,733000
       Short-term Debt 
0
0
0
5,986
8,017
7,801
3,013
5,505
2,144
0
1,675
3,022
2,506
4,634
7,093
5,586
5,085
8,136
5,188
40
175
232
1,158
4,054
2,759
0
0
203
0
172
158
138
123
110
7,451
4,574
19,259
32,460
22,776
14,508
6,939
50
135
4,938
0
13
1,262
10,291
479
3,205
8,867
0
0
0
0
00008,8673,20547910,2911,2621304,938135506,93914,50822,77632,46019,2594,5747,4511101231381581720203002,7594,0541,158232175405,1888,1365,0855,5867,0934,6342,5063,0221,67502,1445,5053,0137,8018,0175,986000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,893
0
0
1,262
10,265
479
3,191
8,847
0
0
1,294
0
01,294008,8473,19147910,2651,262004,8930000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
0
8,448
12,100
12,153
9,470
10,497
0
12,430
5,225
6,864
14,346
8,721
4,556
4,849
4,559
5,041
3,013
4,287
13,933
17,109
2,850
2,127
0
3,966
4,286
3,094
3,709
4,018
4,859
4,306
3,322
4,351
12,079
10,521
4,705
9,637
16,600
24,359
28,941
19,163
17,346
24,626
23,925
16,039
30,672
23,988
36,878
29,271
0
22,786
14,523
11,681
11,68114,52322,786029,27136,87823,98830,67216,03923,92524,62617,34619,16328,94124,35916,6009,6374,70510,52112,0794,3513,3224,3064,8594,0183,7093,0944,2863,96602,1272,85017,10913,9334,2873,0135,0414,5594,8494,5568,72114,3466,8645,22512,430010,4979,47012,15312,1008,4480000
       Other Current Liabilities 
0
0
0
7,747
565
563
887
1,255
1,002
0
932
719
383
475
384
1,038
697
1,151
1,331
736
544
766
472
2,683
3,309
0
3,542
2,770
4,156
3,801
2,791
2,808
4,280
13,283
14,383
15,586
8,876
2,989
6,686
3,899
7,078
16,899
19,063
4,251
8,465
35,947
7,058
3,604
7,804
5,410
7,782
1,903
7,370
2,544
5,316
5,3162,5447,3701,9037,7825,4107,8043,6047,05835,9478,4654,25119,06316,8997,0783,8996,6862,9898,87615,58614,38313,2834,2802,8082,7913,8014,1562,7703,54203,3092,6834727665447361,3311,1516971,03838447538371993201,0021,2558875635657,747000
   > Long-term Liabilities 
0
0
0
8,208
7,983
7,862
7,713
10,037
9,854
0
9,622
10,248
10,199
10,099
9,935
9,234
9,803
9,254
9,578
9,800
10,224
8,485
7,959
7,062
7,004
0
6,932
6,940
7,037
7,053
7,097
7,274
7,296
7,356
7,310
7,571
7,845
12,952
12,152
12,711
12,687
13,027
13,152
13,339
13,480
13,573
13,969
13,711
13,852
13,897
14,141
0
14,703
14,888
15,135
15,13514,88814,703014,14113,89713,85213,71113,96913,57313,48013,33913,15213,02712,68712,71112,15212,9527,8457,5717,3107,3567,2967,2747,0977,0537,0376,9406,93207,0047,0627,9598,48510,2249,8009,5789,2549,8039,2349,93510,09910,19910,2489,62209,85410,0377,7137,8627,9838,208000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
54
5,063
5,049
5,034
5,019
5,003
4,996
0
0
0
0
0
0
0
0
0
0
0
0
0000000000004,9965,0035,0195,0345,0495,06354000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,349
8,497
8,596
8,999
8,747
8,895
8,947
9,198
0
0
9,965
0
09,965009,1988,9478,8958,7478,9998,5968,4978,3490000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
65,406
69,211
64,469
66,078
78,554
80,094
0
75,621
77,744
78,640
71,982
74,464
75,832
78,695
77,896
80,771
82,406
84,717
80,245
73,233
75,755
80,083
0
89,000
92,639
95,707
98,034
102,018
104,555
106,508
109,703
112,563
115,224
116,606
119,095
123,330
128,450
133,120
129,755
141,666
129,127
146,504
131,582
139,929
125,876
131,444
137,018
140,133
0
156,744
159,287
133,454
133,454159,287156,7440140,133137,018131,444125,876139,929131,582146,504129,127141,666129,755133,120128,450123,330119,095116,606115,224112,563109,703106,508104,555102,01898,03495,70792,63989,000080,08375,75573,23380,24584,71782,40680,77177,89678,69575,83274,46471,98278,64077,74475,621080,09478,55466,07864,46969,21165,406000
   Common Stock
0
0
0
5,000
5,000
5,000
5,000
5,000
5,000
0
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
0
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
0
0
5,000
0
05,000005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,00005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,00005,0005,0005,0005,0005,0005,000000
   Retained Earnings Total Equity0000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 0000000000000000000000000000000000000000000000000000000
   Capital Surplus 0000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
32,884
32,867
31,918
31,918
31,918
31,918
0
29,979
29,996
29,996
27,833
27,833
27,805
27,822
30,673
30,691
30,717
30,717
33,147
23,147
23,226
23,226
0
33,871
33,846
33,846
50,756
50,756
50,750
50,750
62,672
62,672
62,653
62,653
73,341
73,341
73,322
73,322
73,567
73,567
46,554
46,554
57,244
57,244
34,234
34,234
83,993
83,993
928
0
84,004
0
084,004092883,99383,99334,23434,23457,24457,24446,55446,55473,56773,56773,32273,32273,34173,34162,65362,65362,67262,67250,75050,75050,75650,75633,84633,84633,871023,22623,22623,14733,14730,71730,71730,69130,67327,82227,80527,83327,83329,99629,99629,979031,91831,91831,91831,91832,86732,884000



Balance Sheet

Currency in PLN. All numbers in thousands.




Cash Flow

Currency in PLN. All numbers in thousands.




Income Statement

Currency in PLN. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue240,677
Cost of Revenue-187,618
Gross Profit53,05953,059
 
Operating Income (+$)
Gross Profit53,059
Operating Expense-211,148
Operating Income29,529-158,089
 
Operating Expense (+$)
Research Development0
Selling General Administrative23,530
Selling And Marketing Expenses0
Operating Expense211,14823,530
 
Net Interest Income (+$)
Interest Income9
Interest Expense-2,501
Other Finance Cost-3
Net Interest Income-2,495
 
Pretax Income (+$)
Operating Income29,529
Net Interest Income-2,495
Other Non-Operating Income Expenses0
Income Before Tax (EBT)28,50729,529
EBIT - interestExpense = 25,825
23,214
25,715
Interest Expense2,501
Earnings Before Interest and Taxes (EBIT)28,32631,008
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax28,507
Tax Provision-5,293
Net Income From Continuing Ops23,21423,214
Net Income23,214
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses828
Total Other Income/Expenses Net02,495
 

Technical Analysis of Novita
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 Novita. The general trend of Novita is BEARISH with 100.0% 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 Novita'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 (-100.0%) Bearish trend (100.0%)
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 NOVITA SA.

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 107.45 < 107.45 < 111.43.

The bearish price targets are: 99.84 > 99.84 > 94.91.

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NOVITA SA 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 NOVITA SA. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below 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 lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below 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

NOVITA SA 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 NOVITA SA. The current macd is -2.93179292.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal 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 Novita price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Novita. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Novita price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -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
NOVITA SA Daily Moving Average Convergence/Divergence (MACD) ChartNOVITA SA 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 NOVITA SA. The current adx is 54.78.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-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 Novita shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
NOVITA SA 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 NOVITA SA. The current sar is 110.86.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
NOVITA SA 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 NOVITA SA. The current rsi is 26.52. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 2/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
  • Trending up: The RSI is trending up. +1
NOVITA SA Daily Relative Strength Index (RSI) ChartNOVITA SA 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 NOVITA SA. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D 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 Novita price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
NOVITA SA Daily Stochastic Oscillator ChartNOVITA SA 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 NOVITA SA. The current cci is -107.62502377.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
NOVITA SA Daily Commodity Channel Index (CCI) ChartNOVITA SA 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 NOVITA SA. The current cmo is -55.08450627.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
NOVITA SA Daily Chande Momentum Oscillator (CMO) ChartNOVITA SA 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 NOVITA SA. The current willr is -88.88888889.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
NOVITA SA Daily Williams %R ChartNOVITA SA 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 NOVITA SA.

NOVITA SA 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 NOVITA SA. The current atr is 1.82520247.

NOVITA SA Daily Average True Range (ATR) ChartNOVITA SA 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 NOVITA SA. The current obv is -3,318.

NOVITA SA Daily On-Balance Volume (OBV) ChartNOVITA SA 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 NOVITA SA. The current mfi is 3.9304842.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
NOVITA SA Daily Money Flow Index (MFI) ChartNOVITA SA Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for NOVITA SA.

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
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR 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).
2023-11-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16MACD 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-17DMI 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.
2023-11-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-21STOCH 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).
2023-11-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-18DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-19DMI 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
2023-12-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-27MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-02STOCH 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05STOCH 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
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-11MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-15CCI 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
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-31WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up 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).
2024-02-02CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-08SAR 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).
2024-02-12STOCH 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).
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

NOVITA SA Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of NOVITA SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5026.517
Ma 20Greater thanMa 50111.350
Ma 50Greater thanMa 100116.200
Ma 100Greater thanMa 200119.772
OpenGreater thanClose105.000
Total0/5 (0.0%)
Penke

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