Meyka Pro banner
Novanta Inc.

NOVT Technical Analysis Summary (NASDAQ)

Analyze NOVT on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NOVT●NASDAQ
TechnologyHardware, Equipment & Parts
$123.31
$0.40(0.32%)
U.S. Market opens in 4h 50m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NOVT Technical Analysis Summary (NASDAQ)

Novanta Inc. (NASDAQ: NOVT) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 37.56)
Trend Strength:Weak (ADX: 16.38)
Volatility:High (ATR: 8.52)
Support/Resistance:$122.57 – $156.23 (Bollinger Bands)

Technical conditions suggest Novanta Inc. on the NASDAQ is awaiting a decisive move. This mix signals that Novanta Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 37.56

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 28.75

Bearish
Momentum remains weak below midpoint.

Williams %R: -90.33

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -9.77

Strongly Bearish
Sharp downside momentum.

Takeaway:Novanta Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -2.84

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.38

Weak
Weak trend, market trading sideways.

ATR (14): 8.52

Rising
Rising volatility, market activity increasing.

CCI (14): -150.89

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Novanta Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$156.23
Middle Band (SMA 20)
$139.40
Lower Band
$122.57
Current Position
Within Bands

Takeaway:Novanta Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$156.03
Middle Line (EMA 20)
$138.99
Lower Channel
$121.95
Squeeze Status
Squeeze On

Takeaway:Novanta Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume202.97K
Money Flow Index42.36Neutral, balanced money flows with no clear signal.
Relative Vigor Index44.89Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:NOVT shows balanced money flow with a slight bearish tilt.

Technical Trading Signals Summary
Based on the current technical analysis of Novanta Inc. (NASDAQ: NOVT), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Novanta Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: NOVT) Technical Analysis FAQ