NOVA LTD (NVMI)
IL0010845571 - Common Stock
Taking everything into account, NVMI scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, NVMI did better than 94% of all other stocks. We also observe that the gains produced by NVMI over the past year are nicely spread over this period.
NVMI is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 87% of 107 stocks in the same industry.
NVMI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NVMI is performing more or less in line with the market.
In the last month NVMI has a been trading in the 158.47 - 182.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, NVMI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 171.53. Right above this resistance zone may be a good entry point.
More info and screens
90.54
189.56
We found 5 important support areas.
- A support zone ranging from 164.56 to 166.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 159.91 to 159.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @101.15 from a trend line in the weekly time frame.
- Support @96.50 from a trend line in the weekly time frame.
- Support @91.45 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 171.53 to 175.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 183.67 to 183.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @187.68 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.17
Mansfield1.83
10 Day High177.15
10 Day Low158.48
20 Day High182.92
20 Day Low158.48
52 Week High190.51
52 Week Low89.59
Performance
1 Week0.46%
2 Weeks-1.63%
1 Month-6.48%
3 Month14.03%
6 Month66.66%
12 Month80.21%
2 Year57.54%
3 Year66.97%
5 Year560.12%
10 Year1429.62%
15 Year20307.3%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.16
RSI(14)45.07
LBB161.03
UBB177.7
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 176.00 | 164.55 | 11.45 (6.51%) | 15.37% |
| An entry @176.00. This is a Buy Stop order right above the resistance zone. | An exit @164.55. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 11.45 points, which is 6.51%. | For a 1.00% total portfolio risk, you can invest 15.37% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NOVA LTD
NASDAQ:NVMI (5/1/2024, 7:13:33 PM)
After market: 167.34 0 (0%)167.34
-2.56 (-1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.51%
1 Week0.46%
2 Weeks-1.63%
1 Month-6.48%
3 Month14.03%
6 Month66.66%
12 Month80.21%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.52
ATR(20)%3.81%
ATR Inc
Range Today6.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High177.15
10 Day Low158.48
20 Day High182.92
20 Day Low158.48
52 Week High190.51
52 Week Low89.59
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume209.90K
Volume Incr-29.88%
Vol(5)130.22K
Vol(50)179.51K