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Stock Trend Analysis Report

Prepared for you on Thursday, June 8, 2023.

Nova Ltd. - Ordinary Shares (NASDAQ:NVMI)

Long-Term Uptrend (+90) - NVMI is in a strong uptrend that is likely to continue. While NVMI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid NVMI?

MarketClub looks at technical strength and momentum to determine if the timing is right for NVMI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low NVMI Price Change
115.6300 116.4902 114.2400 115.0200 -0.0600
Entry Signal

MarketClub’s Trade Triangles for NVMI

long term up The long-term trend has been UP since Jan 12th, 2023 at 91.35

intermediate term up The intermediate-term trend has been UP since May 11th, 2023 at 95.44

short term up The short-term trend has been UP since May 25th, 2023 at 101.81

Smart Scan Analysis for NVMI

Based on our trend formula, NVMI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for NVMI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
115.6300 116.4902 114.2400 115.0200 -0.0600
Prev. Close Volume Bid Ask Time
115.0800 51516 2023-06-08 14:37:04
Year High32Year High Date2018-06-05
Year Low20.83Year Low Date2018-10-29
52wk High117.3952wk High Date2023-06-07
52wk Low67.452wk Low Date2022-10-13
Year End Close7.98Average Volume137,608
Shares Outstanding28,678Short Interest126,827
% Institutional57.7Market Cap873M
P/E Ratio26.1546Beta2.74
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