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NVMI
Stock ticker:
NASDAQ
AS OF
Jun 28 closing price
Price
$92.93
Change
-$2.89 (-3.02%)
Capitalization
2.67B

NVMI Price Prediction, Nova Ltd AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
AI
A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jun 28, 2022

NVMI in upward trend: price may jump up because it broke its lower Bollinger Band on June 16, 2022

NVMI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 27 of 29 cases where NVMI's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 90%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 52 cases where NVMI's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NVMI advanced for three days, in of 323 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 328 cases where NVMI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on June 10, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on NVMI as a result. In of 92 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for NVMI turned negative on June 10, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .

NVMI moved below its 50-day moving average on June 10, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for NVMI crossed bearishly below the 50-day moving average on June 17, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NVMI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 66, placing this stock better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (5.385) is normal, around the industry mean (5.825). P/E Ratio (25.907) is within average values for comparable stocks, (47.942). NVMI's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.558). NVMI has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.022). P/S Ratio (6.079) is also within normal values, averaging (24.779).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. NVMI’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

AI
A.I.Advisor
published price charts
AI
A.I. Advisor
published Earnings

NVMI is expected to report earnings to fall 11.54% to $1.15 per share on August 03

Nova Ltd NVMI Stock Earnings Reports
Q2'22
Est.
$1.15
Q1'22
Beat
by $0.26
Q4'21
Beat
by $0.03
Q3'21
Beat
by $0.24
Q2'21
Beat
by $0.17
The last earnings report on May 12 showed earnings per share of $1.30, beating the estimate of $1.04. With 98.63K shares outstanding, the current market capitalization sits at 2.67B.
AI
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), NVIDIA Corp (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), Intel Corp (NASDAQ:INTC), QUALCOMM (NASDAQ:QCOM), Texas Instruments (NASDAQ:TXN), Advanced Micro Devices (NASDAQ:AMD), Applied Materials (NASDAQ:AMAT), Analog Devices (NASDAQ:ADI), Micron Technology (NASDAQ:MU).

Industry description

The semiconductor industry manufacturers all chip-related products, including research and development. These chips are used in innumerable electronic devices, including computers, cell phones, smartphones, and GPSs. Intel Corporation, NVIDIA Corp., and Broadcomm are some of the prominent players in this industry. Semiconductor companies usually tend to do well during periods of healthy economic growth, thereby inducing further research and development in the industry – which in turn augurs well for productivity and growth in the economy. In the near future, demand for semiconductor products (and possibly innovation within the segment) should only expand further, with the proliferation of 5G, autonomous vehicles, IoT, and various AI-driven electronics set to herald a new, advanced chapter in the technology-driven world as we know it. With burgeoning prospects comes great competition. In 2015, SIA estimated that U.S. semiconductor industry ranks as the second most competitive U.S. industry out of 2882 U.S. industries designated manufacturers by the U.S. Census Bureau.

Market Cap

The average market capitalization across the Semiconductors Industry is 19.24B. The market cap for tickers in the group ranges from 13.43K to 433.98B. TSMWF holds the highest valuation in this group at 433.98B. The lowest valued company is CYBL at 13.43K.

High and low price notable news

The average weekly price growth across all stocks in the Semiconductors Industry was -0%. For the same Industry, the average monthly price growth was -9%, and the average quarterly price growth was -28%. SCIA experienced the highest price growth at 14%, while NNOCF experienced the biggest fall at -49%.

Volume

The average weekly volume growth across all stocks in the Semiconductors Industry was -45%. For the same stocks of the Industry, the average monthly volume growth was -50% and the average quarterly volume growth was -15%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 51
P/E Growth Rating: 70
Price Growth Rating: 62
SMR Rating: 57
Profit Risk Rating: 66
Seasonality Score: 6 (-100 ... +100)
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published General Information

General Information

a developer of metrology systems for process control that are integrated into process equipment tools

Industry Semiconductors

Profile
Fundamentals
Details
Industry
Electronic Production Equipment
Address
5 David Fikes Street
Phone
+972 732295833
Employees
819
Web
https://www.novami.com

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NVMI and

Correlation & Price change

A.I.dvisor indicates that over the last year, NVMI has been closely correlated with KLAC. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if NVMI jumps, then KLAC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NVMI
1D Price
Change %
NVMI100%
-3.02%
KLAC - NVMI
82%
Closely correlated
-2.51%
ONTO - NVMI
80%
Closely correlated
-3.18%
LRCX - NVMI
79%
Closely correlated
-2.56%
ACLS - NVMI
78%
Closely correlated
-3.00%
DIOD - NVMI
77%
Closely correlated
-2.50%
More