Technical Analysis for NOVT - Novanta Inc.

Grade Last Price % Change Price Change
D 150.02 -2.90% -4.48
NOVT closed down 2.9 percent on Thursday, April 18, 2024, on 1.36 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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 Down Down Down

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness 0.00%
Multiple of Ten Bullish Other 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 200 DMA Bearish -2.90%
Lower Bollinger Band Walk Weakness -2.90%

   Recent Intraday Alerts

Alert Time
Down 3% about 13 hours ago
Down 2 % about 16 hours ago
Down 1% about 17 hours ago
60 Minute Opening Range Breakout about 18 hours ago
Rose Above Lower Bollinger Band about 18 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 139,476
200-Day Moving Average 157.88
50-Day Moving Average 167.38
20-Day Moving Average 167.31
10-Day Moving Average 162.63
Average True Range 4.91
RSI (14) 28.57
ADX 16.84
+DI 14.24
-DI 33.78
Chandelier Exit (Long, 3 ATRs) 163.75
Chandelier Exit (Short, 3 ATRs) 164.45
Upper Bollinger Bands 180.82
Lower Bollinger Band 153.80
Percent B (%b) -0.14
BandWidth 16.15
MACD Line -3.64
MACD Signal Line -1.46
MACD Histogram -2.1776
Fundamentals Value
Market Cap 5.37 Billion
Num Shares 35.8 Million
EPS 2.10
Price-to-Earnings (P/E) Ratio 71.44
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) 157.22
Resistance 3 (R3) 157.92 156.22 156.02
Resistance 2 (R2) 156.22 154.39 155.87 155.62
Resistance 1 (R1) 153.12 153.26 152.27 152.42 155.22
Pivot Point 151.42 151.42 151.00 151.07 151.42
Support 1 (S1) 148.32 149.59 147.47 147.62 144.82
Support 2 (S2) 146.62 148.46 146.27 144.42
Support 3 (S3) 143.52 146.62 144.02
Support 4 (S4) 142.82