56.48
price up icon1.75%   0.97
 
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Novanta Inc Stock (NOVTU) Forecast

The Novanta Inc (NOVTU) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.00, representing a -100.00% decrease from the current price of $56.48. The highest analyst price target is $0.00, and the lowest is $0.00.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month NOVTU Price Target
Average 0.00 (-100.00% Downside)
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Is Novanta Inc (NOVTU) A Buy Now?

Oscillators
Name Value Action
RSI(14) 40.60 Neutral
STOCH(9,6) 31.24 Neutral
STOCHRSI(14) 15.76 Buy
MACD(12,26) -0.7392 Sell
ADX(14) 26.17 Sell
William %R -81.21 Buy
CCI(14) -107.08 Sell
Buy: 2 Sell: 3 Neutral: 2
Summary: Sell
Moving Averages
Period Simple Exponential
MA10
58.69
Sell
58.43
Sell
MA20
60.53
Sell
59.39
Sell
MA50
59.34
Sell
58.28
Sell
MA100
41.16
Buy
0.00
Buy
MA200
20.58
Buy
0.00
Buy
Buy: 4 Sell: 6 Neutral: 0
Summary: Sell
According to our latest analysis, NOVTU could be considered a Strong Sell, with 17 technical analysis indicators signaling 6 Buy signals, 9 signaling Sell signals and 2 Neutral signals. This might not be a good time to consider opening new positions on NOVTU, as trading bearish markets can be challenging and may result in losses.
  1. RSI (Relative Strength Index): The RSI(14) value of 40.6 indicates that NOVTU is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 31.24 indicates that NOVTU is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 15.76 indicates that NOVTU is oversold. This suggests that NOVTU price is at or near the lowest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 26.17 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -107.08 indicates that NOVTU is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.

Novanta Inc Stock (NOVTU) Year by Year Forecast

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Cap:     |  Volume (24h):