(NOVT) Novanta Inc complete technical analysis [charts+indicators] | Buy/Sell Novanta Inc | (NOVT) share price targets
Complete technical analysis of Novanta Inc (NOVT) by charts plus indicators, forecast predictions and share price targets for Novanta Inc (NOVT)
Novanta Inc trades in USA in Miscellaneous sector.
10 day averaged volume of Novanta Inc is 144320
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 156.78 | 156.98 | 160.98 | 154.20 | 1.096 times |
| 30 Tue Apr 2024 | 156.50 | 157.53 | 159.95 | 156.07 | 1.271 times |
| 29 Mon Apr 2024 | 160.03 | 159.68 | 160.47 | 159.06 | 0.609 times |
| 26 Fri Apr 2024 | 159.41 | 157.11 | 160.29 | 156.37 | 0.82 times |
| 25 Thu Apr 2024 | 156.25 | 155.41 | 156.89 | 154.54 | 0.926 times |
| 24 Wed Apr 2024 | 157.81 | 158.11 | 160.28 | 155.68 | 0.737 times |
| 23 Tue Apr 2024 | 159.38 | 153.86 | 160.52 | 152.02 | 1.147 times |
| 22 Mon Apr 2024 | 153.11 | 150.99 | 154.53 | 150.12 | 1.008 times |
| 19 Fri Apr 2024 | 149.41 | 149.04 | 150.67 | 146.86 | 1.116 times |
| 18 Thu Apr 2024 | 150.02 | 154.24 | 154.53 | 149.73 | 1.317 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 154.1 as stoploss in an intra day buy trade for a target of 160.13. However, stock will show a bearish move below 154.1.
Share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Target | 146.86 |
| Downside Target | 150.12 |
| Upside Target | 160.52 |
| Upside Target | 164.90 |
| Upside Target | 165.94 |
| Upside Target | 166.70 |
| Upside Target | 167.87 |
| Upside Target | 171.85 |
| Upside Target | 174.46 |
| Upside Target | 175.12 |
| Upside Target | 181.89 |
Intraday share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Intraday Target | 153.66 |
| Downside Intraday Target | 150.54 |
| Upside Intraday Target | 160.44 |
| Upside Intraday Target | 164.1 |
| Upside Intraday Target | 157.32 |
Weekly technical analysis of Novanta Inc (NOVT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 156.78 | 159.68 | 160.98 | 154.20 | 0.642 times |
| 26 Fri Apr 2024 | 159.41 | 150.99 | 160.52 | 150.12 | 0.848 times |
| 19 Fri Apr 2024 | 149.41 | 163.81 | 164.90 | 146.86 | 1.273 times |
| 12 Fri Apr 2024 | 163.00 | 169.11 | 171.85 | 161.50 | 1.223 times |
| 05 Fri Apr 2024 | 168.41 | 174.73 | 175.12 | 165.94 | 0.935 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Novanta Inc (NOVT)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 156.78 | 156.98 | 160.98 | 154.20 | 0.055 times |
| 30 Tue Apr 2024 | 156.50 | 174.73 | 175.12 | 146.86 | 1.115 times |
| 28 Thu Mar 2024 | 174.77 | 173.27 | 181.89 | 167.87 | 0.848 times |
| 29 Thu Feb 2024 | 172.94 | 156.24 | 174.46 | 152.75 | 1.202 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Novanta Inc (NOVT)
Price action analysis of Novanta Inc ( (NOVT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Novanta Inc ( (NOVT) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Novanta Inc stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Novanta Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Novanta Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Novanta Inc in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Novanta Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 155.41 and Novanta Inc (NOVT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Novanta Inc (NOVT) stock. Volume based technical analysis of Novanta Inc (NOVT) stock is negative.
Novanta Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Novanta Inc ( (NOVT) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Novanta Inc stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Novanta Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Novanta Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Novanta Inc in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Novanta Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 155.41 and Novanta Inc (NOVT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Novanta Inc (NOVT) stock. Volume based technical analysis of Novanta Inc (NOVT) stock is negative.
Novanta Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.