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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Novanta Inc. - Common Shares (NASDAQ:NOVT)
Weak Downtrend (-65) - NOVT is showing signs of a strengthening downtrend. Monitor NOVT as it may be building momentum to the downside.
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 154.20
The intermediate-term trend has been UP since Nov 6th, 2024 at 179.80
The short-term trend has been DOWN since Nov 12th, 2024 at 178.02
Smart Scan Analysis for NOVT
Based on our trend formula, NOVT is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 164.520 | 165.430 | 163.520 | 164.838 | -0.882 |
| Prev. Close | Volume | Bid | Ask | Time |
| 164.940 | 151107 | 2024-11-20 15:59:32 |
| 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 | 141.95 | 52wk Low Date | 2023-11-21 |
| Average Volume | 189,343 | Shares Outstanding | 35,904 |
| Market Cap | 2,857M | Assets | 141,882,300M |
| Liabilities | 676,628,000M | P/E Ratio | 82.0396 |
| Volatility | 68.69 |