(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 2024-08-21 View latest technical analysis
10 day averaged volume of Novanta Inc is 112665
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 182.76 | 178.82 | 183.03 | 178.53 | 0.991 times |
| 20 Tue Aug 2024 | 177.18 | 180.20 | 181.10 | 176.59 | 0.88 times |
| 19 Mon Aug 2024 | 180.59 | 180.47 | 181.80 | 179.19 | 0.275 times |
| 16 Fri Aug 2024 | 180.32 | 179.90 | 182.09 | 178.34 | 0.866 times |
| 15 Thu Aug 2024 | 180.40 | 178.50 | 182.08 | 176.82 | 0.896 times |
| 14 Wed Aug 2024 | 173.55 | 177.99 | 178.09 | 171.28 | 0.994 times |
| 13 Tue Aug 2024 | 176.85 | 173.00 | 178.35 | 172.24 | 1.066 times |
| 12 Mon Aug 2024 | 171.40 | 171.53 | 173.23 | 170.28 | 0.95 times |
| 09 Fri Aug 2024 | 171.22 | 173.13 | 173.39 | 169.65 | 1.345 times |
| 08 Thu Aug 2024 | 174.11 | 170.70 | 175.11 | 168.60 | 1.03 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 182.4, but if it comes below 182.4, then a intra day sell could be more profitable.
If you take a sell trade below 182.4, then use 182.4 as stoploss and 175.27 as target. However if you take a buy trade in stock , then use 182.4 as stoploss and 191 as target.
Share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Target | 146.86 |
| Downside Target | 153.26 |
| Downside Target | 168.81 |
| Downside Target | 175.90 |
| Downside Target | 176.59 |
| Downside Target | 182.09 |
| Upside Target | 183.03 |
| 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 | 178.56 |
| Downside Intraday Target | 174.35 |
| Upside Intraday Target | 185 |
| Upside Intraday Target | 187.23 |
| Downside Intraday Target | 180.79 |
Weekly technical analysis of Novanta Inc (NOVT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 182.76 | 180.47 | 183.03 | 176.59 | 0.45 times |
| 16 Fri Aug 2024 | 180.32 | 171.53 | 182.09 | 170.28 | 0.542 times |
| 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 |
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 Wed Aug 2024 | 182.76 | 180.61 | 183.03 | 147.62 | 0.558 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 176.26 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 176.26 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.