(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 2024-03-05 View latest technical analysis
10 day averaged volume of Novanta Inc is 183060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 169.70 | 174.59 | 174.95 | 168.76 | 0.675 times |
| 04 Mon Mar 2024 | 176.39 | 176.78 | 177.76 | 174.32 | 0.677 times |
| 01 Fri Mar 2024 | 175.28 | 173.27 | 176.09 | 172.64 | 0.768 times |
| 29 Thu Feb 2024 | 172.94 | 169.99 | 174.46 | 169.18 | 2.362 times |
| 28 Wed Feb 2024 | 167.45 | 158.40 | 168.30 | 157.06 | 1.459 times |
| 27 Tue Feb 2024 | 157.31 | 158.55 | 159.41 | 155.69 | 1.152 times |
| 26 Mon Feb 2024 | 158.25 | 157.77 | 158.76 | 156.60 | 0.421 times |
| 23 Fri Feb 2024 | 158.54 | 158.05 | 161.40 | 157.22 | 0.684 times |
| 22 Thu Feb 2024 | 158.31 | 158.70 | 159.90 | 157.70 | 0.711 times |
| 21 Wed Feb 2024 | 157.48 | 158.36 | 158.36 | 155.37 | 0.801 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 169.5, but if it comes below 169.5, then a intra day sell could be more profitable.
If you take a sell trade below 169.5, then use 169.5 as stoploss and 163.33 as target. However if you take a buy trade in stock , then use 169.5 as stoploss and 177 as target.
Share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Target | 111.20 |
| Downside Target | 142.35 |
| Downside Target | 149.01 |
| Downside Target | 161.76 |
| Downside Target | 166.70 |
| Downside Target | 168.76 |
| Upside Target | 172.87 |
| Upside Target | 174.46 |
| Upside Target | 176.09 |
| Upside Target | 177.76 |
Intraday share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Intraday Target | 166.39 |
| Downside Intraday Target | 163.07 |
| Upside Intraday Target | 175.39 |
| Upside Intraday Target | 181.07 |
| Upside Intraday Target | 172.07 |
Weekly technical analysis of Novanta Inc (NOVT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 169.70 | 176.78 | 177.76 | 168.76 | 0.219 times |
| 01 Fri Mar 2024 | 175.28 | 157.77 | 176.09 | 155.69 | 1.948 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 |
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 |
| 05 Tue Mar 2024 | 169.70 | 173.27 | 177.76 | 168.76 | 0.128 times |
| 29 Thu Feb 2024 | 172.94 | 156.24 | 174.46 | 152.75 | 1.202 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 |
Scroll below to view daily charts
Price has moved down 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short 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 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 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.
ADX buy sell signal for Novanta Inc stock for short term is BUY. Signal strength is Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Novanta Inc in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 166.46 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short 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 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 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.
ADX buy sell signal for Novanta Inc stock for short term is BUY. Signal strength is Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Novanta Inc in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 166.46 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.