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Novanta Inc. Tangible Equity Units

NOVTU•NASDAQ
Technology
Hardware, Equipment & Parts
$61.84
$-1.22(-1.93%)
U.S. Market opens in 14h 11m

Novanta Inc. Tangible Equity Units (NOVTU) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Novanta Inc. Tangible Equity Units (NASDAQ:NOVTU).

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

NOVTU Technical Analysis Summary

Novanta Inc. Tangible Equity Units stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 53.55)
Trend Strength:Strong (ADX: 35.78)
Volatility:Medium (ATR: 1.34)
Support/Resistance:$58.94 – $64.18 (Bollinger Bands)

This mix signals that Novanta Inc. Tangible Equity Units is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 53.55

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 62.34

Bullish
Buying momentum building without extremes.

Williams %R: -50.09

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 2.52

Bullish
Steady upward momentum.

Takeaway:Novanta Inc. Tangible Equity Units shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 1.16

Bullish
Bullish, trend momentum is strengthening.

ADX: 35.78

Strong
Strong trend, momentum well established.

ATR (14): 1.34

Low
Low volatility, stable price action.

CCI (14): 4.25

Neutral
Neutral, no strong directional signal.

Takeaway:Novanta Inc. Tangible Equity Units shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$64.18
Middle Band (SMA 20)
$61.56
Lower Band
$58.94
Current Position
Within Bands

Takeaway:Novanta Inc. Tangible Equity Units trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$64.20
Middle Line (EMA 20)
$61.51
Lower Channel
$58.82
Squeeze Status
Squeeze On

Takeaway:Novanta Inc. Tangible Equity Units trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-2.37M
Money Flow Index31.40Bearish, selling pressure outweighs inflows.
Relative Vigor Index47.04Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:NOVTU shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Novanta Inc. Tangible Equity Units, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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:Novanta Inc. Tangible Equity Units stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

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