(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 2024-04-10 View latest technical analysis
10 day averaged volume of Novanta Inc is 117330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 163.87 | 164.19 | 166.24 | 161.74 | 1.601 times |
| 09 Tue Apr 2024 | 170.49 | 168.91 | 171.53 | 168.44 | 0.706 times |
| 08 Mon Apr 2024 | 168.60 | 169.11 | 171.85 | 167.64 | 1.008 times |
| 05 Fri Apr 2024 | 168.41 | 166.35 | 169.20 | 166.35 | 0.781 times |
| 04 Thu Apr 2024 | 167.56 | 170.81 | 173.39 | 166.13 | 0.92 times |
| 03 Wed Apr 2024 | 168.61 | 166.00 | 169.90 | 166.00 | 1.038 times |
| 02 Tue Apr 2024 | 167.96 | 169.41 | 169.91 | 165.94 | 0.891 times |
| 01 Mon Apr 2024 | 172.15 | 174.73 | 175.12 | 171.12 | 0.688 times |
| 28 Thu Mar 2024 | 174.77 | 173.73 | 175.17 | 172.57 | 1.173 times |
| 27 Wed Mar 2024 | 173.80 | 174.12 | 174.69 | 172.65 | 1.757 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 164.6, for a target of 168.2 or 171.23
Share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Target | 142.35 |
| Downside Target | 150.72 |
| Downside Target | 161.74 |
| Upside Target | 165.94 |
| Upside Target | 172.87 |
| Upside Target | 174.46 |
| Upside Target | 175.12 |
| Upside Target | 176.22 |
| Upside Target | 177.20 |
| Upside Target | 178.47 |
| Upside Target | 181.89 |
Intraday share price targets for Novanta Inc (NOVT)
| Target Type | Value |
| Downside Intraday Target | 159.79 |
| Downside Intraday Target | 155.71 |
| Upside Intraday Target | 169.9 |
| Upside Intraday Target | 175.93 |
| Upside Intraday Target | 165.82 |
Weekly technical analysis of Novanta Inc (NOVT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 163.87 | 169.11 | 171.85 | 161.74 | 0.768 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 |
| 15 Fri Mar 2024 | 173.25 | 176.70 | 177.20 | 167.87 | 1.223 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 |
| 10 Wed Apr 2024 | 163.87 | 174.73 | 175.12 | 161.74 | 0.35 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 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 neutral. A longer time frame might give a better analysis.
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 gaining momentum.
MACD generated a SELL signal for Novanta Inc in short term but the sell signal is initial and weak.
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 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 169.63 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 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 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 neutral. A longer time frame might give a better analysis.
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 gaining momentum.
MACD generated a SELL signal for Novanta Inc in short term but the sell signal is initial and weak.
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 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 169.63 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.