Novanta Inc. Tangible Equity Units
Price Action
Technical Summary
CONSOLIDATINGNovanta Inc. Tangible Equity Units is in a consolidation phase, trading with mixed signals as moving averages converge. Relative strength is moderate (RS Rating: 67), indicating performance broadly in line with the market. Earnings contraction of 14% provides fundamental context to the price action. Volume support will be critical for the stock to resolve this consolidation to the upside.
Trend Template (Minervini)
Price vs Moving Averages
| Period | Value | Spread | Signal |
|---|---|---|---|
| 20 SMA | $66.48 | -4.40% | BELOW |
| 50 SMA | $64.75 | -1.85% | BELOW |
| 100 SMA | $60.93 | +4.30% | ABOVE |
| 150 SMA | $59.70 | +6.46% | ABOVE |
| 200 SMA | $— | — |
Price Performance
Technical Indicators
Risk Profile
Volume Analysis
Earnings Momentum
Growth Trends
Compounded Sales Growth
Compounded Profit Growth
Stock Price CAGR
Return on Equity
Key Metrics
Frequently Asked Questions
Is NOVTU in an uptrend right now?
NOVTU has a trend score of 2/4 based on Minervini's Stage Analysis. Currently showing partial alignment - 2 of 4 trend criteria are met.
Is NOVTU overbought or oversold?
NOVTU's RSI (14) is 58. The stock is in neutral territory, neither overbought nor oversold.
Is NOVTU outperforming the market?
NOVTU has a Relative Strength (RS) Rating of 67 out of 99. NOVTU is performing about average compared to the market.
Where is NOVTU in its 52-week range?
NOVTU is trading at $63.55, which is 85% of its 52-week high ($75.07) and 53% above its 52-week low ($50.70).
How volatile is NOVTU?
NOVTU has a Beta of N/A and 52-week volatility of 41%. It moves roughly in line with the overall market.