Technical Analysis for NOVT - Novanta Inc.

Grade Last Price % Change Price Change
D 169.79 3.08% 5.07
NOVT closed up 3.08 percent on Friday, November 22, 2024, on 1.95 times normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Down Flat

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Crossed Above 200 DMA Bullish 0.00%
Cup with Handle Other 0.00%
Multiple of Ten Bearish Other 0.00%
Outside Day Range Expansion 0.00%
Cup with Handle Other 3.08%
Narrow Range Bar Range Contraction 3.08%
Gapped Up Strength 3.08%
Down 3 Days in a Row Weakness 3.08%
Down 4 Days in a Row Weakness 3.08%

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Profile

Novanta Inc. Description

Novanta Inc., together with its subsidiaries, designs, develops, manufactures, and sells precision photonic and motion control components, and subsystems to original equipment manufacturers in the medical equipment and advanced industrial technology markets. The company operates through three segments: Laser Products, Vision Technologies, and Precision Motion. The Laser Products segment designs, manufactures, and markets photonics-based solutions, including CO2 laser sources, laser scanning, and laser beam delivery products for photonics-based applications, such as industrial material processing, metrology, medical and life science imaging, and medical laser procedures. This segment sells its products under Cambridge Technology, Lincoln Laser, ExoTec Precision, and Synrad brand names. The Vision Technologies segment designs, manufactures, and markets a range of medical grade technologies, including visualization solutions, imaging informatics products, optical data collection and machine vision technologies, RFID technologies, thermal printers, and light and color measurement instrumentation. This segment sells its products under NDS, NDSsi, Dome, JADAK, Skyetek, General Scanning, and Photo Research brand names. The Precision Motion segment designs, manufactures, and markets optical encoders, precision motors and other motion control technology, air bearing spindles, and precision machined components. This segment sells its products under Celera Motion, MicroE, Applimotion, and Westwind brand names. The company sells its products through its direct sales force, as well as through distributors, including manufacturers' representatives worldwide. Novanta Inc. was founded in 1968 and is based in Bedford, Massachusetts.


Classification

Sector: Technology
Industry: Scientific & Technical Instruments
Keywords: Laser Imaging Medical Equipment Optics Photonics Canning Data Collection Informatics Metrology Visualization Motion Control Co2 Industrial Technology Machine Vision Control Technology Electromagnetic Radiation Technology Markets Material Processing Laser Products Imaging Informatics Informatics Products Visualization Solution

Is NOVT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 187.12
52 Week Low 142.35
Average Volume 170,554
200-Day Moving Average 169.28
50-Day Moving Average 173.77
20-Day Moving Average 172.45
10-Day Moving Average 169.25
Average True Range 5.00
RSI (14) 47.09
ADX 14.72
+DI 24.34
-DI 32.23
Chandelier Exit (Long, 3 ATRs) 169.11
Chandelier Exit (Short, 3 ATRs) 169.16
Upper Bollinger Bands 184.07
Lower Bollinger Band 160.83
Percent B (%b) 0.39
BandWidth 13.48
MACD Line -2.19
MACD Signal Line -1.35
MACD Histogram -0.8424
Fundamentals Value
Market Cap 6.08 Billion
Num Shares 35.8 Million
EPS 2.10
Price-to-Earnings (P/E) Ratio 80.85
Price-to-Sales 6.71
Price-to-Book 9.31
PEG Ratio 2.11
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 178.87
Resistance 3 (R3) 178.00 174.11 177.35
Resistance 2 (R2) 174.11 171.80 174.54 176.85
Resistance 1 (R1) 171.95 170.37 173.03 172.82 176.34
Pivot Point 168.06 168.06 168.60 168.49 168.06
Support 1 (S1) 165.90 165.75 166.98 166.77 163.24
Support 2 (S2) 162.01 164.32 162.44 162.73
Support 3 (S3) 159.85 162.01 162.23
Support 4 (S4) 160.72