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Stock Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
Novanta Inc. - Common Shares (NASDAQ:NOVT)
Long-Term Uptrend (+90) - NOVT is in a strong uptrend that is likely to continue. While NOVT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jul 22nd, 2022 at 144.43
The intermediate-term trend has been UP since Jun 27th, 2022 at 126.50
The short-term trend has been UP since Jul 18th, 2022 at 126.15
Smart Scan Analysis for NOVT
Based on our trend formula, NOVT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 153.220 | 155.180 | 150.430 | 151.225 | -1.185 |
| Prev. Close | Volume | Bid | Ask | Time |
| 152.410 | 157820 | 2022-08-08 15:30:29 |
| Year High | 78.85 | Year High Date | 2018-08-29 |
| Year Low | 48.4 | Year Low Date | 2018-02-09 |
| 52wk High | 184.44 | 52wk High Date | 2021-11-04 |
| 52wk Low | 110.84 | 52wk Low Date | 2022-06-16 |
| Average Volume | 633,472 | Shares Outstanding | 35,704 |
| Market Cap | 2,857M | Assets | 120,616,400M |
| Liabilities | 671,471,000M | P/E Ratio | 93.5031 |
| Volatility | 68.69 |