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Is NOVT compressing before expansion? NR7 shows up after advancing 0.23%

Novanta Inc. (NOVT) — Nightly Technical Analysis · Jun 22, 2026, 17:39 ET
On Monday, June 22nd, NOVT moved up 0.23% while volume was to 1.2× the usual levels. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 154.13, 152.59 & 150.67, with resistance at 157.59, 159.51 & 161.05.

Current SwingTradeBot Technical Rating of NOVT: A

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Novanta Inc. (NOVT)