Technical Analysis for NOVT - Novanta Inc.

Grade Last Price % Change Price Change
C 159.65 1.83% 2.87
NOVT closed up 1.83 percent on Thursday, May 2, 2024, on 66 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.
Earnings due: May 7
*** please verify all earnings dates ***
2 Watchers
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Crossed Above 200 DMA Bullish 0.00%
Multiple of Ten Bearish Other 0.00%
Inside Day Range Contraction 0.00%
Gapped Up Strength 0.00%
20 DMA Resistance Bearish 1.83%
200 DMA Resistance Bearish 1.83%
Doji - Bearish? Reversal 1.83%
Doji - Bullish? Reversal 1.83%
Multiple of Ten Bearish Other 1.83%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 15 hours ago
20 DMA Resistance about 15 hours ago
Up 2% about 15 hours ago
Rose Above 20 DMA about 15 hours ago
60 Minute Opening Range Breakout about 15 hours ago

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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 Data Collection Canning Visualization Informatics Metrology Motion Control Co2 Industrial Technology Electromagnetic Radiation Machine Vision Control Technology Technology Markets Material Processing Laser Products Imaging Informatics Informatics Products Rfid Technologies 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 187.605
52 Week Low 111.2
Average Volume 138,150
200-Day Moving Average 156.75
50-Day Moving Average 166.46
20-Day Moving Average 159.73
10-Day Moving Average 156.83
Average True Range 4.70
RSI (14) 47.64
ADX 15.16
+DI 19.79
-DI 26.78
Chandelier Exit (Long, 3 ATRs) 159.28
Chandelier Exit (Short, 3 ATRs) 160.97
Upper Bollinger Bands 171.28
Lower Bollinger Band 148.18
Percent B (%b) 0.5
BandWidth 14.46
MACD Line -2.67
MACD Signal Line -3.10
MACD Histogram 0.4272
Fundamentals Value
Market Cap 5.72 Billion
Num Shares 35.8 Million
EPS 2.10
Price-to-Earnings (P/E) Ratio 76.02
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) 165.95
Resistance 3 (R3) 165.46 162.88 164.90
Resistance 2 (R2) 162.88 161.27 163.12 164.55
Resistance 1 (R1) 161.26 160.28 162.07 161.75 164.20
Pivot Point 158.68 158.68 159.08 158.92 158.68
Support 1 (S1) 157.06 157.07 157.87 157.55 155.10
Support 2 (S2) 154.48 156.08 154.72 154.75
Support 3 (S3) 152.86 154.48 154.40
Support 4 (S4) 153.35