(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.
10 day averaged volume of Novanta Inc is 135130
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 159.89 | 162.67 | 164.01 | 158.76 | 0.912 times |
| 02 Thu May 2024 | 159.65 | 159.50 | 160.29 | 156.09 | 0.676 times |
| 01 Wed May 2024 | 156.78 | 156.98 | 160.98 | 154.20 | 1.171 times |
| 30 Tue Apr 2024 | 156.50 | 157.53 | 159.95 | 156.07 | 1.358 times |
| 29 Mon Apr 2024 | 160.03 | 159.68 | 160.47 | 159.06 | 0.65 times |
| 26 Fri Apr 2024 | 159.41 | 157.11 | 160.29 | 156.37 | 0.876 times |
| 25 Thu Apr 2024 | 156.25 | 155.41 | 156.89 | 154.54 | 0.989 times |
| 24 Wed Apr 2024 | 157.81 | 158.11 | 160.28 | 155.68 | 0.787 times |
| 23 Tue Apr 2024 | 159.38 | 153.86 | 160.52 | 152.02 | 1.225 times |
| 22 Mon Apr 2024 | 153.11 | 150.99 | 154.53 | 150.12 | 1.077 times |
My analysis of stock is bullish for shortterm, and stock might move up till 164.7 or till 171.2. Use a stoploss of 159.31 and if this stock hits its stoploss, then it can fall down till 153.89
Share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Target | 146.86 |
| Downside Target | 150.12 |
| Upside Target | 160.52 |
| Upside Target | 165.94 |
| Upside Target | 166.70 |
| Upside Target | 167.87 |
| Upside Target | 171.85 |
| Upside Target | 174.46 |
| Upside Target | 175.12 |
| Upside Target | 181.89 |
Intraday share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Intraday Target | 154.72 |
| Downside Intraday Target | 149.56 |
| Upside Intraday Target | 164.53 |
| Upside Intraday Target | 169.18 |
| Downside Intraday Target | 159.37 |
Weekly technical analysis of Novanta Inc (NOVT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 159.89 | 159.68 | 164.01 | 154.20 | 0.962 times |
| 26 Fri Apr 2024 | 159.41 | 150.99 | 160.52 | 150.12 | 0.848 times |
| 19 Fri Apr 2024 | 149.41 | 163.81 | 164.90 | 146.86 | 1.273 times |
| 12 Fri Apr 2024 | 163.00 | 169.11 | 171.85 | 161.50 | 1.223 times |
| 05 Fri Apr 2024 | 168.41 | 174.73 | 175.12 | 165.94 | 0.935 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 |
| 03 Fri May 2024 | 159.89 | 156.98 | 164.01 | 154.20 | 0.131 times |
| 30 Tue Apr 2024 | 156.50 | 174.73 | 175.12 | 146.86 | 1.115 times |
| 28 Thu Mar 2024 | 174.77 | 173.27 | 181.89 | 167.87 | 0.848 times |
| 29 Thu Feb 2024 | 172.94 | 156.24 | 174.46 | 152.75 | 1.202 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 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 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 mid to longer 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.
ADX buy sell signal for Novanta Inc stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Novanta Inc in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 157.64 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 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 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 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 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 mid to longer 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.
ADX buy sell signal for Novanta Inc stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Novanta Inc in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 157.64 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.