(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 2024-02-23 View latest technical analysis
10 day averaged volume of Novanta Inc is 144100
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 158.54 | 158.05 | 161.40 | 157.22 | 0.87 times |
| 22 Thu Feb 2024 | 158.31 | 158.70 | 159.90 | 157.70 | 0.903 times |
| 21 Wed Feb 2024 | 157.48 | 158.36 | 158.36 | 155.37 | 1.018 times |
| 20 Tue Feb 2024 | 159.87 | 158.20 | 161.76 | 155.90 | 1.227 times |
| 16 Fri Feb 2024 | 161.03 | 162.99 | 163.41 | 160.25 | 0.646 times |
| 15 Thu Feb 2024 | 163.87 | 161.98 | 165.13 | 161.35 | 0.917 times |
| 14 Wed Feb 2024 | 159.34 | 158.14 | 160.56 | 156.71 | 0.897 times |
| 13 Tue Feb 2024 | 155.18 | 159.03 | 161.25 | 152.75 | 1.321 times |
| 12 Mon Feb 2024 | 166.29 | 167.44 | 168.74 | 165.67 | 0.929 times |
| 09 Fri Feb 2024 | 167.44 | 163.86 | 167.76 | 161.58 | 0.797 times |
My analysis of stock is bearish for shortterm, and stock might move down till 156.3 or till 152.1. Use a stoploss of 159.74 and if the stock hits stoploss, then it can shoot up till 163.2
Share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Target | 111.20 |
| Downside Target | 126.83 |
| Downside Target | 142.35 |
| Downside Target | 149.01 |
| Upside Target | 161.76 |
| Upside Target | 162.58 |
| Upside Target | 164.15 |
| Upside Target | 166.70 |
| Upside Target | 167.76 |
| Upside Target | 168.74 |
| Upside Target | 172.87 |
Intraday share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Intraday Target | 155.35 |
| Downside Intraday Target | 152.17 |
| Upside Intraday Target | 161.74 |
| Upside Intraday Target | 164.95 |
| Upside Intraday Target | 158.56 |
Weekly technical analysis of Novanta Inc (NOVT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 158.54 | 158.20 | 161.76 | 155.37 | 0.853 times |
| 16 Fri Feb 2024 | 161.03 | 167.44 | 168.74 | 152.75 | 1.193 times |
| 09 Fri Feb 2024 | 167.44 | 155.52 | 167.76 | 153.73 | 1.033 times |
| 02 Fri Feb 2024 | 157.17 | 156.72 | 162.58 | 154.14 | 1.244 times |
| 26 Fri Jan 2024 | 157.24 | 159.81 | 164.15 | 156.64 | 0.74 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 |
| 23 Fri Feb 2024 | 158.54 | 156.24 | 168.74 | 152.75 | 0.809 times |
| 31 Wed Jan 2024 | 154.55 | 166.64 | 166.70 | 150.72 | 0.673 times |
| 29 Fri Dec 2023 | 168.41 | 143.95 | 172.87 | 142.35 | 0.793 times |
| 30 Thu Nov 2023 | 144.44 | 131.56 | 149.01 | 111.20 | 1.321 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Novanta Inc in short term but the sell signal is initial and weak.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Novanta Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 160.37 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Novanta Inc in short term but the sell signal is initial and weak.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Novanta Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 160.37 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.