NOVA LTD (NVMI) Stock Technical Analysis
NASDAQ:NVMI - Nasdaq - IL0010845571 - Common Stock - Currency: USD
Taking everything into account, NVMI scores 7 out of 10 in our technical rating. In the last year, NVMI was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month NVMI has a been trading in the 227.65 - 289.90 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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.
NVMI is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 90% of 108 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that NVMI is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this relatively good performance is mostly due to a recent big move.
NVMI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NVMI is lagging the market slightly.
Although NVMI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
171.14
276.40
When analyzing the support we can see 3 important areas.
- Support @202.62 from a trend line in the weekly time frame.
- Support @188.04 from a trend line in the weekly time frame.
- Support @172.87 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 239.14 to 240.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @273.66 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
CRS92.44
Mansfield0.91
10 Day High282.01
10 Day Low227.65
20 Day High289.9
20 Day Low227.65
52 Week High289.9
52 Week Low158
Performance
1 Week-11.03%
2 Weeks-11.09%
1 Month-1.17%
3 Month30.16%
6 Month6.99%
12 Month30.23%
2 Year164.05%
3 Year128.27%
5 Year576.8%
10 Year2037.44%
15 Year5043.66%
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)-4.19
RSI(14)43.67
LBB233.69
UBB282.6
NASDAQ:NVMI (3/3/2025, 1:44:58 PM)
231.95
-7.23 (-3.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.02%
1 Week-11.03%
2 Weeks-11.09%
1 Month-1.17%
3 Month30.16%
6 Month6.99%
12 Month30.23%
2 Year164.05%
3 Year128.27%
5 Year576.8%
10 Year2037.44%
15 Year5043.66%
Volatility
ATR(14)12.93
ATR(20)%4.97%
ATR Inc42.89%
Range Today14.03
ADR(20)10.84
ADR(20)%4.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.44
Mansfield0.91
10 Day High282.01
10 Day Low227.65
20 Day High289.9
20 Day Low227.65
52 Week High289.9
52 Week Low158
CS1 End239.17
CR1 Start240.49
Volume & EV
DER(3)-1.03%
DER(5)-1.25%
Volume189.25K
Volume Incr50.27%
Vol(5)367.40K
Vol(50)231.46K