(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.
Showing technical analysis as on 2024-02-27 View latest technical analysis
10 day averaged volume of Novanta Inc is 133450
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 157.31 | 158.55 | 159.41 | 155.69 | 1.58 times |
| 26 Mon Feb 2024 | 158.25 | 157.77 | 158.76 | 156.60 | 0.577 times |
| 23 Fri Feb 2024 | 158.54 | 158.05 | 161.40 | 157.22 | 0.939 times |
| 22 Thu Feb 2024 | 158.31 | 158.70 | 159.90 | 157.70 | 0.975 times |
| 21 Wed Feb 2024 | 157.48 | 158.36 | 158.36 | 155.37 | 1.099 times |
| 20 Tue Feb 2024 | 159.87 | 158.20 | 161.76 | 155.90 | 1.325 times |
| 16 Fri Feb 2024 | 161.03 | 162.99 | 163.41 | 160.25 | 0.698 times |
| 15 Thu Feb 2024 | 163.87 | 161.98 | 165.13 | 161.35 | 0.99 times |
| 14 Wed Feb 2024 | 159.34 | 158.14 | 160.56 | 156.71 | 0.969 times |
| 13 Tue Feb 2024 | 155.18 | 159.03 | 161.25 | 152.75 | 1.426 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 156.1 as stoploss in an intra day buy trade for a target of 159.55. However, stock will show a bearish move below 156.1.
Share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Target | 111.20 |
| Downside Target | 126.83 |
| Downside Target | 142.35 |
| Downside Target | 149.01 |
| Upside Target | 159.41 |
| Upside Target | 161.76 |
| Upside Target | 162.58 |
| Upside Target | 166.70 |
| Upside Target | 167.76 |
| Upside Target | 168.74 |
| Upside Target | 172.87 |
Intraday share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Intraday Target | 155.53 |
| Downside Intraday Target | 153.75 |
| Upside Intraday Target | 159.25 |
| Upside Intraday Target | 161.19 |
| Upside Intraday Target | 157.47 |
Weekly technical analysis of Novanta Inc (NOVT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 157.31 | 157.77 | 159.41 | 155.69 | 0.497 times |
| 23 Fri Feb 2024 | 158.54 | 158.20 | 161.76 | 155.37 | 0.853 times |
| 16 Fri Feb 2024 | 161.03 | 167.44 | 168.74 | 152.75 | 1.193 times |
| 09 Fri Feb 2024 | 167.44 | 155.52 | 167.76 | 153.73 | 1.033 times |
| 02 Fri Feb 2024 | 157.17 | 156.72 | 162.58 | 154.14 | 1.244 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 |
| 27 Tue Feb 2024 | 157.31 | 156.24 | 168.74 | 152.75 | 0.923 times |
| 31 Wed Jan 2024 | 154.55 | 166.64 | 166.70 | 150.72 | 0.673 times |
| 29 Fri Dec 2023 | 168.41 | 143.95 | 172.87 | 142.35 | 0.793 times |
| 30 Thu Nov 2023 | 144.44 | 131.56 | 149.01 | 111.20 | 1.321 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 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 short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Novanta Inc ( (NOVT) ) based on a mid to longer 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.
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 SELL signal for Novanta Inc in short term but the sell signal is initial and weak.
Novanta Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Novanta Inc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Novanta Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 158.66 and Novanta Inc (NOVT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been positive
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 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 short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Novanta Inc ( (NOVT) ) based on a mid to longer 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.
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 SELL signal for Novanta Inc in short term but the sell signal is initial and weak.
Novanta Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Novanta Inc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Novanta Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 158.66 and Novanta Inc (NOVT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.