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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Novanta Inc. - Common Shares (NASDAQ:NOVT)

Bear Market Rally (-75) - NOVT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOVT as it may be in the beginning of a reversal.

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.

NASDAQ_NOVT
Open High Low NOVT Price Change
154.320 156.440 154.320 156.145 +0.585
Entry Signal

MarketClub’s Trade Triangles for NOVT

long term down The long-term trend has been DOWN since Aug 2nd, 2024 at 154.20

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 163.61

short term up The short-term trend has been UP since Dec 26th, 2024 at 155.88

Smart Scan Analysis for NOVT

Based on our trend formula, NOVT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NOVT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
154.320 156.440 154.320 156.145 +0.585
Prev. Close Volume Bid Ask Time
155.560 26687 2024-12-26 15:02:05
Year High78.85Year High Date2018-08-29
Year Low48.4Year Low Date2018-02-09
52wk High187.1252wk High Date2024-07-17
52wk Low146.8652wk Low Date2024-04-19
Average Volume193,507Shares Outstanding35,904
Market Cap2,857MAssets141,882,300M
Liabilities676,628,000MP/E Ratio82.0346
Volatility68.69
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