(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 2024-03-21 View latest technical analysis
10 day averaged volume of Novanta Inc is 127920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 175.68 | 175.25 | 178.47 | 173.34 | 1.007 times |
| 20 Wed Mar 2024 | 174.38 | 170.57 | 175.74 | 168.64 | 0.711 times |
| 19 Tue Mar 2024 | 171.38 | 168.83 | 173.22 | 168.71 | 0.802 times |
| 18 Mon Mar 2024 | 168.93 | 173.29 | 175.40 | 168.52 | 0.817 times |
| 15 Fri Mar 2024 | 173.25 | 169.18 | 174.97 | 167.87 | 2.741 times |
| 14 Thu Mar 2024 | 170.67 | 174.50 | 174.57 | 169.05 | 0.869 times |
| 13 Wed Mar 2024 | 174.81 | 175.50 | 177.20 | 174.50 | 1.073 times |
| 12 Tue Mar 2024 | 176.42 | 175.65 | 176.59 | 173.65 | 0.51 times |
| 11 Mon Mar 2024 | 175.74 | 176.70 | 176.70 | 173.97 | 0.624 times |
| 08 Fri Mar 2024 | 176.54 | 180.02 | 181.89 | 176.15 | 0.747 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 177.5 as stoploss in an intra day sell trade for a target of 171.3. However, stock will show a bullish move above 177.5.
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 |
| Downside Target | 174.46 |
| Upside Target | 176.09 |
| Upside Target | 177.20 |
| Upside Target | 178.47 |
| Upside Target | 181.89 |
Intraday share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Intraday Target | 169.98 |
| Downside Intraday Target | 164.27 |
| Upside Intraday Target | 179.93 |
| Upside Intraday Target | 184.17 |
| Downside Intraday Target | 174.22 |
Weekly technical analysis of Novanta Inc (NOVT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 175.68 | 173.29 | 178.47 | 168.52 | 0.574 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 |
| 21 Thu Mar 2024 | 175.68 | 173.27 | 181.89 | 167.87 | 0.636 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 Strong 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 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 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 and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 173.58 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 Strong 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 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 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 and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 173.58 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 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.