(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 2024-08-09 View latest technical analysis
10 day averaged volume of Novanta Inc is 189370
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 171.22 | 173.13 | 173.39 | 169.65 | 0.8 times |
| 08 Thu Aug 2024 | 174.11 | 170.70 | 175.11 | 168.60 | 0.613 times |
| 07 Wed Aug 2024 | 168.35 | 174.36 | 175.90 | 167.62 | 1.01 times |
| 06 Tue Aug 2024 | 170.19 | 156.50 | 173.37 | 154.15 | 1.375 times |
| 05 Mon Aug 2024 | 156.50 | 154.75 | 158.15 | 153.26 | 1.437 times |
| 02 Fri Aug 2024 | 162.69 | 161.66 | 164.45 | 147.62 | 1.087 times |
| 01 Thu Aug 2024 | 170.30 | 180.61 | 182.22 | 168.39 | 1.126 times |
| 31 Wed Jul 2024 | 181.18 | 180.00 | 185.98 | 178.19 | 1.357 times |
| 30 Tue Jul 2024 | 179.38 | 182.49 | 182.49 | 178.90 | 0.556 times |
| 29 Mon Jul 2024 | 180.89 | 185.75 | 186.48 | 174.82 | 0.714 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 168.3 as stoploss in an intra day buy trade for a target of 175.88. However, stock will show a bearish move below 168.3.
Share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Target | 146.86 |
| Downside Target | 153.26 |
| Downside Target | 168.81 |
| Upside Target | 174.09 |
| Upside Target | 175.12 |
| Upside Target | 175.90 |
| Upside Target | 182.22 |
| Upside Target | 186.48 |
| Upside Target | 187.00 |
| Upside Target | 187.12 |
Intraday share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Intraday Target | 157.69 |
| Downside Intraday Target | 144.15 |
| Upside Intraday Target | 180.33 |
| Upside Intraday Target | 189.43 |
| Downside Intraday Target | 166.79 |
Weekly technical analysis of Novanta Inc (NOVT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 171.22 | 154.75 | 175.90 | 153.26 | 1.082 times |
| 02 Fri Aug 2024 | 162.69 | 185.75 | 186.48 | 147.62 | 0.946 times |
| 26 Fri Jul 2024 | 185.16 | 173.75 | 187.00 | 173.03 | 1.012 times |
| 19 Fri Jul 2024 | 172.49 | 173.30 | 187.12 | 172.24 | 1.032 times |
| 12 Fri Jul 2024 | 171.82 | 160.99 | 174.09 | 156.79 | 3.934 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 |
| 09 Fri Aug 2024 | 171.22 | 180.61 | 182.22 | 147.62 | 0.36 times |
| 31 Wed Jul 2024 | 181.18 | 163.11 | 187.12 | 156.79 | 1.416 times |
| 28 Fri Jun 2024 | 163.11 | 163.93 | 168.81 | 157.84 | 1.031 times |
| 31 Fri May 2024 | 162.16 | 156.98 | 169.30 | 154.20 | 0.941 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 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. 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 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 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 170.32 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 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. 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 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 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 170.32 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.