- Low bankruptcy risk (Altman Z-Score: 7.44)
- Highly efficient cash conversion (81% FCF/OCF ratio)
- Solid financial health (Piotroski 6/9)
NOVT stock downgraded to Sell Candidate
(Updated on Jul 31, 2026)
The NOVT stock price gained 2.62% on the last trading day (Friday, 31st Jul 2026), rising from $138.91 to $142.55. During the last trading day the stock fluctuated 3.87% from a day low at $140.01 to a day high of $145.43. The price has fallen in 6 of the last 10 days and is down by -4.14% for this period. Volume fell on the last day by -101 thousand shares and in total, 350 thousand shares were bought and sold for approximately $49.86 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $137.64 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -2.40% during the next 3 months and, with a 90% probability hold a price between $134.33 and $161.87 at the end of this 3-month period.
NOVT Signals & Forecast
There are mixed signals in the stock today. The NOVT stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $151.32. On a fall, the stock will find some support from the short-term average at $140.92. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Wednesday, July 29, 2026, and so far it has risen 3.47%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Support, Risk & Stop-loss for NOVT stock
NOVT finds support from accumulated volume at $141.62 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $5.42 between high and low, or 3.87%. For the last week, the stock has had daily average volatility of 4.02%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (NOVT) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect NOVT to open at $142.66, and during the day (based on 14 day Average True Range), to move between $139.20 and $145.90, which gives a possible trading interval of +/-$6.71 (+/-4.82%) up or down from last closing price. If NOVT takes out the full calculated possible swing range there will be an estimated 4.82% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $141.62 (0.65%) than the resistance at $157.55 (10.52%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
NOVT will release earnings BMO on Wednesday, August 05, 2026.The consensus among the analysts for the expected earnings (EPS) is $0.83. We will update the financials statements for NOVT, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 8.43% in the first trading day after earnings release.
Is NOVT stock A Buy?
NOVT holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Sell candidate.
Current score:
-1.124
Sell Candidate
Downgraded
Predicted Fair Opening Price
Predicted fair opening price on August 3, 2026 - $142.66 ( 0.0795%).
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NOVT Performance
Trading levels for NOVT
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 148.08 | 3.88% |
| R2 | 146.01 | 2.43% |
| R1 | 144.73 | 1.53% |
| Price | 142.55 | |
| S1 | 140.59 | -1.37% |
| S2 | 139.31 | -2.27% |
| S3 | 137.24 | -3.72% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 159.33 | 11.77% |
| R2 | 159.19 | 11.67% |
| R1 | 157.55 | 10.52% |
| Price | 142.55 | |
| S1 | 141.62 | -0.652% |
| S2 | 139.98 | -1.80% |
| S3 | 137.77 | -3.35% |
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