(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 2024-02-28 View latest technical analysis
10 day averaged volume of Novanta Inc is 141150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 167.45 | 158.40 | 168.30 | 157.06 | 1.892 times |
| 27 Tue Feb 2024 | 157.31 | 158.55 | 159.41 | 155.69 | 1.493 times |
| 26 Mon Feb 2024 | 158.25 | 157.77 | 158.76 | 156.60 | 0.546 times |
| 23 Fri Feb 2024 | 158.54 | 158.05 | 161.40 | 157.22 | 0.888 times |
| 22 Thu Feb 2024 | 158.31 | 158.70 | 159.90 | 157.70 | 0.922 times |
| 21 Wed Feb 2024 | 157.48 | 158.36 | 158.36 | 155.37 | 1.039 times |
| 20 Tue Feb 2024 | 159.87 | 158.20 | 161.76 | 155.90 | 1.253 times |
| 16 Fri Feb 2024 | 161.03 | 162.99 | 163.41 | 160.25 | 0.66 times |
| 15 Thu Feb 2024 | 163.87 | 161.98 | 165.13 | 161.35 | 0.936 times |
| 14 Wed Feb 2024 | 159.34 | 158.14 | 160.56 | 156.71 | 0.916 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 168.2, for a target of 163.7 or 159.85
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 |
| Downside Target | 161.76 |
| Downside Target | 162.58 |
| Downside Target | 166.70 |
| Upside Target | 167.76 |
| Upside Target | 168.30 |
| Upside Target | 168.74 |
| Upside Target | 172.87 |
Intraday share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Intraday Target | 159.33 |
| Downside Intraday Target | 151.2 |
| Upside Intraday Target | 171.94 |
| Upside Intraday Target | 176.42 |
| Downside Intraday Target | 163.81 |
Weekly technical analysis of Novanta Inc (NOVT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 167.45 | 157.77 | 168.30 | 155.69 | 0.958 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 up 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 |
| 28 Wed Feb 2024 | 167.45 | 156.24 | 168.74 | 152.75 | 1.03 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Novanta Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Novanta Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Novanta Inc in short term and BUY 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 160.68 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Novanta Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Novanta Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Novanta Inc in short term and BUY 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 160.68 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.