NOVANTA INC (NOVT) Technical Analysis
NASDAQ:NOVT • CA67000B1040
Taking everything into account, NOVT scores 6 out of 10 in our technical rating. In the last year, NOVT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month NOVT has a been trading in the 130.00 - 149.95 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the performance of all stocks over the past year, NOVT turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- NOVT is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 45% of 124 stocks in the same industry.
- NOVT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NOVT is lagging the market slightly.
Although the technical rating is only medium, NOVT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 134.42, a Stop Loss order could be placed below this zone.
More info and screens
99.05
3 important support areas can be observed.
- Support @129.02 from a trend line in the daily time frame.
- Support @119.53 from a trend line in the weekly time frame.
- Support @100.05 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 132.79 to 134.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 136.90 to 140.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 144.74 to 146.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for NOVT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NOVT is neutral. |
| ChartMill Relative Strength | 57.85 | NEUTRAL | NOVT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOVT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NOVT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NOVT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.13 | NEUTRAL | The RSI value for NOVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.98 | NEGATIVE | The MACD value suggests NOVT has a negative trend. |
| Stochastics (14,3) | 42.46 | NEUTRAL | The Stochastics value for NOVT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.14 | HIGH VOLATILITY | The high ATR as a percentage value for NOVT suggests high volalility. |
| Average Directional Index/ADX (14) | 19.8 | NEGATIVE | The low ADX value for NOVT suggests a weak or negative trend. |
NOVT Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:NOVT (3/6/2026, 1:55:55 PM)
130.825
-5.77 (-4.22%)
NOVANTA INC / NOVT FAQ
What is the technical rating for NOVT stock?
ChartMill assigns a technical rating of 6 / 10 to NOVT.
What is the current trend direction of NOVANTA INC (NOVT) stock?
The current trend direction for NOVANTA INC (NOVT) is Bullish.
Can you provide the RSI signal for NOVANTA INC?
NOVANTA INC (NOVT) has an RSI value of 48.1346. This indicates that the stock is currently neutral.
What is the MACD signal for NOVANTA INC (NOVT) stock?
The MACD indicator for NOVANTA INC (NOVT) has a value of -0.979795, indicating a bearish trend.
Can you provide the support and resistance levels for NOVANTA INC?
NOVANTA INC (NOVT) has a support level at 134.42 and a resistance level at 136.9. Check the full technical report for our detailed analysis of NOVT support and resistance levels.