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Nova Measuring Instruments Up 87.0% Since SmarTrend Uptrend Call (NVMI)

By Amy Schwartz

SmarTrend identified an Uptrend for Nova Measuring Instruments (NASDAQ:NVMI) on February 18th, 2016 at $9.86. In approximately 14 months, Nova Measuring Instruments has returned 87.01% as of today's recent price of $18.43.

In the past 52 weeks, shares of Nova Measuring Instruments have traded between a low of $8.57 and a high of $19.11 and are now at $18.43, which is 115% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.7%.

Nova Measuring Instruments Ltd. develops, produces, and markets monitoring and measurement systems for the semiconductor manufacturing industry. The Company provides integrated monitoring and process control systems for other integrated circuit manufacturing processes.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Nova Measuring Instruments shares.

Log in and add Nova Measuring Instruments (NVMI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights nova measuring instruments

Ticker(s): NVMI