Bullish Case: Strong historical returns, recent NVMI stability, and a bullish tilt in option skew imply potential growth, buoyed by tech sector innovations and EV market expansion.


Bearish Case: Backwardation in options term structure and low trading volume hint at near-term uncertainty, potentially reflecting geopolitical risks or market saturation concerns.


Potential Outcomes:

1) Positive tech trend boosts NVMI (60%).

2) Geopolitical tensions disrupt markets (25%).

3) Saturation leads to plateauing demand (15%).


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February 10, 2024


Nova Forecast

[NVMI]  Nova
Price Forecast: BULLISH    Price Action: RANDOM (?)



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NVMI Balanced News:
















Correlated Stock Forecasts

Assets that tend to move strongly with NVMI



CLOU Forecast + Options Trading Strategies   [CLOU]  Global X Funds - Global X Cloud Computing (0.95)


SOXX Forecast + Options Trading Strategies   [SOXX]  BTC iShares PHLX Semicond (0.95)


IVV Forecast + Options Trading Strategies   [IVV]  BTC iShares Core S&P 500 (0.94)


SPLG Forecast + Options Trading Strategies   [SPLG]  SPDR Series Trust - SPDR Portfolio S&P 500 (0.94)


SSO Forecast + Options Trading Strategies   [SSO]  ProShares Ultra S&P500 (0.94)



Uncorrelated Stock Forecasts

Assets with little price relationship to NVMI



DUK Forecast + Options Trading Strategies   [DUK]  Duke Energy (0.0)


TPR Forecast + Options Trading Strategies   [TPR]  Tapestry (0.0)


NGG Forecast + Options Trading Strategies   [NGG]  National Grid (-0.0)


EQNR Forecast + Options Trading Strategies   [EQNR]  Equinor ASA - (-0.0)


GLNG Forecast + Options Trading Strategies   [GLNG]  Golar Lng (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against NVMI



DOG Forecast + Options Trading Strategies   [DOG]  ProShares Short Dow30 (-0.88)


PSQ Forecast + Options Trading Strategies   [PSQ]  ProShares Short QQQ (-0.91)


QID Forecast + Options Trading Strategies   [QID]  ProShares UltraShort QQQ (-0.91)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.93)


SDS Forecast + Options Trading Strategies   [SDS]  ProShares UltraShort S&P500 (-0.93)


NVMI News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.

Most Recent NVMI News






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