NOVANTA INC (NOVT) Stock Technical Analysis
USA - NASDAQ:NOVT - CA67000B1040 - Common Stock
129.46 USD
+0.81 (+0.63%)
Overall NOVT gets a technical rating of 5 out of 10. NOVT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, NOVT is a bad performer in the overall market: 84% of all stocks are doing better.
NOVT is part of the Electronic Equipment, Instruments & Components industry. There are 123 other stocks in this industry, of which 80% are performing better than NOVT.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month NOVT has a been trading in the 98.95 - 130.97 range, which is quite wide. It is currently trading near the high of this range.
NOVT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NOVT is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NOVT has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
99.05
130.75
3 important support areas can be observed.
- A support zone ranging from 128.64 to 128.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @102.65 from a horizontal line in the daily time frame.
- Support @100.05 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for NOVT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NOVT is up. |
| ChartMill Relative Strength | 16.96 | NEGATIVE | NOVT has a low relative strength, it was outperformed by 83.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NOVT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NOVT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NOVT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.73 | OVERBOUGHT | The high RSI value suggests NOVT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.88 | POSITIVE | The MACD value suggests NOVT has a positive trend. |
| Stochastics (14,3) | 88.54 | OVERBOUGHT | The high Stochastics value suggests NOVT may be overbought. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for NOVT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.25 | NEUTRAL | The ADX value for NOVT suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:NOVT (10/27/2025, 2:13:09 PM)
129.46
+0.81 (+0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.63%
1 Week21.87%
2 Weeks28.7%
1 Month27.34%
3 Month1.13%
6 Month7.44%
12 Month-25.64%
2 Year-2.58%
3 Year-9.02%
5 Year18.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.79
ATR(20)%3.18%
ATR Inc105.98%
Range Today3.4
ADR(20)3.95
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.96
3 months CRS40.2
6 months CRS43.54
Mansfield-1.44
10 Day High130.97
10 Day Low99.96
20 Day High130.97
20 Day Low98.96
52 Week High184.11
52 Week Low98.76
CS1 End102.65
CR1 Start128.66
Volume & EV
DER(3)3.34%
DER(5)1.61%
Volume349.38K
Volume Incr31.5%
Vol(5)508.86K
Vol(50)384.95K
NOVANTA INC / NOVT FAQ
What is the technical rating for NOVT stock?
ChartMill assigns a technical rating of 5 / 10 to NOVT.
Can you provide the trend direction for NOVANTA INC?
The current trend direction for NOVANTA INC (NOVT) is Bearish.
Can you provide the RSI signal for NOVANTA INC?
NOVANTA INC (NOVT) has an RSI value of 74.7313. This indicates that the stock is currently overbought.
Can you provide the short term momentum for NOVANTA INC?
The short term momentum for NOVANTA INC (NOVT) is positive.