(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 2024-10-31 View latest technical analysis
10 day averaged volume of Novanta Inc is 98080
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 170.24 | 173.65 | 173.65 | 169.45 | 2.134 times |
| 30 Wed Oct 2024 | 173.65 | 176.07 | 179.09 | 173.48 | 1.046 times |
| 29 Tue Oct 2024 | 177.22 | 174.77 | 177.41 | 173.01 | 0.89 times |
| 28 Mon Oct 2024 | 176.25 | 174.90 | 177.69 | 174.81 | 1.062 times |
| 25 Fri Oct 2024 | 173.02 | 174.45 | 176.20 | 172.36 | 1.109 times |
| 24 Thu Oct 2024 | 172.70 | 172.37 | 173.30 | 171.12 | 1.196 times |
| 23 Wed Oct 2024 | 171.92 | 171.12 | 172.44 | 169.84 | 0.795 times |
| 22 Tue Oct 2024 | 172.00 | 174.63 | 174.63 | 171.43 | 1.14 times |
| 21 Mon Oct 2024 | 175.03 | 177.74 | 177.74 | 173.27 | 0.656 times |
| 18 Fri Oct 2024 | 178.53 | 178.42 | 178.94 | 176.91 | 1.093 times |
Stock of Novanta Inc (NOVT) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 169.7, for a target of 172.4 or 174.68
Share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Target | 147.62 |
| Downside Target | 156.79 |
| Downside Target | 163.58 |
| Downside Target | 168.81 |
| Upside Target | 177.74 |
| Upside Target | 179.09 |
| Upside Target | 179.80 |
| Upside Target | 181.69 |
| Upside Target | 182.11 |
| Upside Target | 186.75 |
| Upside Target | 187.12 |
Intraday share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Intraday Target | 166.76 |
| Downside Intraday Target | 163.29 |
| Upside Intraday Target | 176.4 |
| Upside Intraday Target | 182.57 |
| Upside Intraday Target | 172.93 |
Weekly technical analysis of Novanta Inc (NOVT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 170.24 | 174.90 | 179.09 | 169.45 | 1.048 times |
| 25 Fri Oct 2024 | 173.02 | 177.74 | 177.74 | 169.84 | 0.855 times |
| 18 Fri Oct 2024 | 178.53 | 175.50 | 179.80 | 174.83 | 0.807 times |
| 11 Fri Oct 2024 | 175.02 | 173.69 | 177.70 | 168.98 | 0.866 times |
| 04 Fri Oct 2024 | 175.00 | 175.50 | 181.69 | 171.70 | 1.353 times |
Price has moved down 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 |
| 31 Thu Oct 2024 | 170.24 | 177.99 | 179.80 | 168.98 | 0.956 times |
| 30 Mon Sep 2024 | 178.92 | 180.78 | 182.11 | 163.58 | 0.854 times |
| 30 Fri Aug 2024 | 183.28 | 180.61 | 186.75 | 147.62 | 0.879 times |
| 31 Wed Jul 2024 | 181.18 | 163.11 | 187.12 | 156.79 | 1.416 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Novanta Inc ( (NOVT) ) based on a mid to longer 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.
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 and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Novanta Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 173.63 and Novanta Inc (NOVT) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Novanta Inc ( (NOVT) ) based on a mid to longer 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.
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 and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Novanta Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 173.63 and Novanta Inc (NOVT) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.