NOVANTA INC (NOVT) Stock Technical Analysis
NASDAQ:NOVT - Nasdaq - CA67000B1040 - Common Stock - Currency: USD
Taking everything into account, NOVT scores 0 out of 10 in our technical rating. NOVT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
81% of all other stocks performed better in the past year than NOVT.
NOVT is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 68% of 124 stocks in the same industry do better.
NOVT is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month NOVT has a been trading in the 139.78 - 151.90 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of NOVT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
139.10
188.06
We found 1 important support area.
- A support zone ranging from 140.50 to 140.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 145.04 to 146.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 149.67 to 152.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @157.79 from a horizontal line in the daily time frame.
- Resistance @170.74 from a horizontal line in the daily time frame.
- A resistance zone ranging from 184.10 to 186.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.15
Mansfield-2.14
10 Day High149.46
10 Day Low139.78
20 Day High151.9
20 Day Low139.78
52 Week High187.12
52 Week Low139.78
Performance
1 Week-4.01%
2 Weeks-5.45%
1 Month-6.12%
3 Month-17.24%
6 Month-23.44%
12 Month-11.37%
2 Year-10.45%
3 Year2.84%
5 Year57.5%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.26
RSI(14)33.05
LBB141.17
UBB150.66
140.51
-2.29 (-1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.6%
1 Week-4.01%
2 Weeks-5.45%
1 Month-6.12%
3 Month-17.24%
6 Month-23.44%
12 Month-11.37%
2 Year-10.45%
3 Year2.84%
5 Year57.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.78
ATR(20)%2.56%
ATR Inc27.33%
Range Today6.12
ADR(20)3.49
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.15
Mansfield-2.14
10 Day High149.46
10 Day Low139.78
20 Day High151.9
20 Day Low139.78
52 Week High187.12
52 Week Low139.78
CS1 End140.5
CR1 Start145.04
Volume & EV
DER(3)-0.14%
DER(5)-0.28%
Volume243.30K
Volume Incr28.8%
Vol(5)236.32K
Vol(50)195.64K