(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 2024-03-20 View latest technical analysis
10 day averaged volume of Novanta Inc is 131210
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 174.38 | 170.57 | 175.74 | 168.64 | 0.694 times |
| 19 Tue Mar 2024 | 171.38 | 168.83 | 173.22 | 168.71 | 0.782 times |
| 18 Mon Mar 2024 | 168.93 | 173.29 | 175.40 | 168.52 | 0.796 times |
| 15 Fri Mar 2024 | 173.25 | 169.18 | 174.97 | 167.87 | 2.672 times |
| 14 Thu Mar 2024 | 170.67 | 174.50 | 174.57 | 169.05 | 0.847 times |
| 13 Wed Mar 2024 | 174.81 | 175.50 | 177.20 | 174.50 | 1.046 times |
| 12 Tue Mar 2024 | 176.42 | 175.65 | 176.59 | 173.65 | 0.497 times |
| 11 Mon Mar 2024 | 175.74 | 176.70 | 176.70 | 173.97 | 0.608 times |
| 08 Fri Mar 2024 | 176.54 | 180.02 | 181.89 | 176.15 | 0.729 times |
| 07 Thu Mar 2024 | 178.38 | 175.54 | 180.40 | 175.54 | 1.078 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 177.2 as stoploss in an intra day sell trade for a target of 170.43. However, stock will show a bullish move above 177.2.
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 | 172.87 |
| Upside Target | 174.46 |
| Upside Target | 175.74 |
| Upside Target | 176.09 |
| Upside Target | 177.20 |
| Upside Target | 181.89 |
Intraday share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Intraday Target | 170.02 |
| Downside Intraday Target | 165.66 |
| Upside Intraday Target | 177.24 |
| Upside Intraday Target | 180.1 |
| Downside Intraday Target | 172.88 |
Weekly technical analysis of Novanta Inc (NOVT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 174.38 | 173.29 | 175.74 | 168.52 | 0.401 times |
| 15 Fri Mar 2024 | 173.25 | 176.70 | 177.20 | 167.87 | 1.223 times |
| 08 Fri Mar 2024 | 176.54 | 176.78 | 181.89 | 168.76 | 0.54 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 |
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 |
| 20 Wed Mar 2024 | 174.38 | 173.27 | 181.89 | 167.87 | 0.593 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining momentum.
MACD generated a SELL signal for Novanta Inc in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Novanta Inc in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 173.9 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining momentum.
MACD generated a SELL signal for Novanta Inc in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Novanta Inc in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 173.9 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.