(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 112630
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 161.18 | 163.81 | 164.90 | 159.90 | 1.23 times |
| 12 Fri Apr 2024 | 163.00 | 165.35 | 167.95 | 161.50 | 1.043 times |
| 11 Thu Apr 2024 | 167.44 | 164.95 | 168.05 | 163.86 | 1.006 times |
| 10 Wed Apr 2024 | 163.87 | 164.19 | 166.24 | 161.74 | 1.667 times |
| 09 Tue Apr 2024 | 170.49 | 168.91 | 171.53 | 168.44 | 0.735 times |
| 08 Mon Apr 2024 | 168.60 | 169.11 | 171.85 | 167.64 | 1.05 times |
| 05 Fri Apr 2024 | 168.41 | 166.35 | 169.20 | 166.35 | 0.813 times |
| 04 Thu Apr 2024 | 167.56 | 170.81 | 173.39 | 166.13 | 0.959 times |
| 03 Wed Apr 2024 | 168.61 | 166.00 | 169.90 | 166.00 | 1.081 times |
| 02 Tue Apr 2024 | 167.96 | 169.41 | 169.91 | 165.94 | 0.928 times |
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 161.2, for a target of 165.9 or 169.88
Share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Target | 142.35 |
| Downside Target | 150.72 |
| Downside Target | 159.90 |
| Upside Target | 164.90 |
| Upside Target | 171.85 |
| Upside Target | 172.87 |
| Upside Target | 174.46 |
| Upside Target | 175.12 |
| Upside Target | 176.22 |
| Upside Target | 178.47 |
| Upside Target | 181.89 |
Intraday share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Intraday Target | 159.09 |
| Downside Intraday Target | 156.99 |
| Upside Intraday Target | 164.09 |
| Upside Intraday Target | 166.99 |
| Upside Intraday Target | 161.99 |
Weekly technical analysis of Novanta Inc (NOVT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 161.18 | 163.81 | 164.90 | 159.90 | 0.223 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 |
| 28 Thu Mar 2024 | 174.77 | 173.56 | 176.22 | 171.32 | 1.027 times |
| 22 Fri Mar 2024 | 173.07 | 173.29 | 178.47 | 168.52 | 0.709 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 |
| 15 Mon Apr 2024 | 161.18 | 174.73 | 175.12 | 159.90 | 0.494 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 |
| 31 Wed Jan 2024 | 154.55 | 166.64 | 166.70 | 150.72 | 0.673 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short 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.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short to mid 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.
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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but selling 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 166.28 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short 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.
Price action analysis of Novanta Inc ( (NOVT) ) based on a short to mid 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.
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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but selling 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 166.28 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.