Is Novanta, Inc. technically bullish or bearish?
As of August 25, 2025, Novanta, Inc. is in a bearish technical trend with mixed momentum indicators, having underperformed the S&P 500 with a year-to-date return of -23.27% compared to the S&P's 12.22%.
As of 25 August 2025, the technical trend for Novanta, Inc. has changed from mildly bearish to bearish. The MACD is bearish on both the weekly and monthly time frames, and the daily moving averages also indicate a bearish stance. The RSI shows a bullish signal on the monthly but no signal on the weekly, suggesting mixed momentum. Bollinger Bands and KST are both bearish on the weekly and monthly, while Dow Theory indicates a mildly bullish weekly but a mildly bearish monthly outlook. Overall, the technical stance is bearish with moderate strength.In terms of performance, Novanta has underperformed the S&P 500 across multiple periods, with a year-to-date return of -23.27% compared to the S&P's 12.22%, and a one-year return of -30.57% versus the S&P's 17.14%.
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