Novanta's 15min chart shows Bollinger Bands Narrowing and a Bearish Marubozu.
ByAinvest
Thursday, Feb 5, 2026 3:36 pm ET1min read
NOVT--
Novanta's 15-minute chart has recently exhibited a narrowing of Bollinger Bands and a bearish Marubozu pattern, which suggests a decrease in the magnitude of stock price fluctuations and an increasing dominance of sellers in the market. This bearish momentum is likely to persist.
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