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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.

NASDAQ_NOVT
Open High Low NOVT Price Change
153.220 155.180 150.430 151.225 -1.185
Entry Signal

MarketClub’s Trade Triangles for NOVT

long term up The long-term trend has been UP since Jul 22nd, 2022 at 144.43

intermediate term up The intermediate-term trend has been UP since Jun 27th, 2022 at 126.50

short term up 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).

+90
Smart Scan Analysis for NOVT
Strong Downtrend Sideways 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 High78.85Year High Date2018-08-29
Year Low48.4Year Low Date2018-02-09
52wk High184.4452wk High Date2021-11-04
52wk Low110.8452wk Low Date2022-06-16
Average Volume633,472Shares Outstanding35,704
Market Cap2,857MAssets120,616,400M
Liabilities671,471,000MP/E Ratio93.5031
Volatility68.69
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