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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Novanta Inc. - Common Shares (NASDAQ:NOVT)
Crossroads (-60) - NOVT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NOVT?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOVT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NOVT
The long-term trend has been DOWN since Aug 2nd, 2024 at 154.200
The intermediate-term trend has been UP since Sep 30th, 2024 at 181.575
The short-term trend has been UP since Oct 25th, 2024 at 174.630
Smart Scan Analysis for NOVT
Based on our trend formula, NOVT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 174.45 | 176.20 | 172.36 | 173.19 | +0.49 |
| Prev. Close | Volume | Bid | Ask | Time |
| 173.02 | 55115 | 2024-10-25 15:59:50 |
| Year High | 78.85 | Year High Date | 2018-08-29 |
| Year Low | 48.4 | Year Low Date | 2018-02-09 |
| 52wk High | 187.12 | 52wk High Date | 2024-07-17 |
| 52wk Low | 111.2 | 52wk Low Date | 2023-11-07 |
| Average Volume | 128,400 | Shares Outstanding | 35,904 |
| Market Cap | 2,857M | Assets | 139,857,400M |
| Liabilities | 696,582,000M | P/E Ratio | 85.4951 |
| Volatility | 68.69 |