Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-23 View latest technical analysis

10 day averaged volume of Novanta Inc is 103375

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	183.54	182.50	186.20	179.13	1.554 times
22 Thu Aug 2024	180.57	183.45	183.85	180.38	0.994 times
21 Wed Aug 2024	182.76	178.82	183.03	178.53	1.08 times
20 Tue Aug 2024	177.18	180.20	181.10	176.59	0.959 times
19 Mon Aug 2024	180.59	180.47	181.80	179.19	0.3 times
16 Fri Aug 2024	180.32	179.90	182.09	178.34	0.944 times
15 Thu Aug 2024	180.40	178.50	182.08	176.82	0.976 times
14 Wed Aug 2024	173.55	177.99	178.09	171.28	1.083 times
13 Tue Aug 2024	176.85	173.00	178.35	172.24	1.162 times
12 Mon Aug 2024	171.40	171.53	173.23	170.28	1.035 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 182.1, but if it comes below 182.1, then a intra day sell could be more profitable.
If you take a sell trade below 182.1, then use 182.1 as stoploss and 175.1 as target. However if you take a buy trade in stock , then use 182.1 as stoploss and 190.4 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	186.20
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	178.02
Downside Intraday Target	172.5
Upside Intraday Target	187.63
Upside Intraday Target	191.72
Downside Intraday Target	182.11

Weekly technical analysis of Novanta Inc (NOVT)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	183.54	180.47	186.20	176.59	0.94 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
23 Fri Aug 2024	183.54	180.61	186.20	147.62	0.625 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 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 Strong 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 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 178.78 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.