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(Novartis) Novartis complete technical analysis [charts+indicators] | Buy/Sell Novartis | (Novartis) share price targets

Complete technical analysis of Novartis (Novartis) by charts plus indicators, forecast predictions and share price targets for Novartis (Novartis)

10 day averaged volume of Novartis is 1017

Date Daily Closing Price Open High Low Volume
27 Fri May 2022 590.80 579.75 592.90 574.65 0.471 times
26 Thu May 2022 578.40 578.05 580.50 566.00 0.751 times
25 Wed May 2022 580.35 579.10 582.70 579.00 0.459 times
24 Tue May 2022 580.50 576.25 580.50 575.00 0.881 times
23 Mon May 2022 578.35 588.40 588.40 571.50 1.738 times
20 Fri May 2022 588.35 572.25 599.15 572.25 2.73 times
19 Thu May 2022 599.65 603.15 608.55 591.00 1.158 times
18 Wed May 2022 610.40 606.65 619.95 603.10 0.674 times
17 Tue May 2022 604.95 598.40 607.45 598.40 0.672 times
16 Mon May 2022 597.75 585.05 603.80 584.10 0.258 times

My analysis of stock is bearish for shortterm, and stock might move down till 580.5 or till 563.6. Use a stoploss of 594.6 and if the stock hits stoploss, then it can shoot up till 608.68

Share price targets for Novartis (Novartis)

Target Type Value
Downside Target 566.00
Upside Target 618.35
Upside Target 620.10
Upside Target 629.65
Upside Target 650.80
Upside Target 661.00
Upside Target 683.00
Upside Target 725.00
Upside Target 798.65
Upside Target 821.80

Intraday share price targets for Novartis (Novartis)

Target Type Value
Downside Intraday Target 573.57
Downside Intraday Target 556.33
Upside Intraday Target 600.47
Upside Intraday Target 610.13
Downside Intraday Target 583.23

Weekly technical analysis of Novartis (Novartis)

Date Weekly Closing Price Open High Low Volume
27 Fri May 2022 590.80 588.40 592.90 566.00 0.783 times
20 Fri May 2022 588.35 585.05 619.95 572.25 1.146 times
13 Fri May 2022 585.95 592.10 601.00 574.15 1.11 times
06 Fri May 2022 594.35 623.50 629.65 589.20 0.624 times
29 Fri Apr 2022 628.60 641.05 650.80 620.10 0.711 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Novartis (Novartis)

Date Monthly Closing Price Open High Low Volume
27 Fri May 2022 590.80 623.50 629.65 566.00 0.444 times
29 Fri Apr 2022 628.60 599.30 683.00 589.40 0.677 times
31 Thu Mar 2022 590.45 629.00 661.00 580.00 1.267 times
28 Mon Feb 2022 628.90 747.80 821.80 618.35 1.62 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Novartis (Novartis)

Indicator Name Indicator Value Indicator Signal
ADX 22, 29, 15 Sell
MACD -23, -23Buy
Stochastics 29Sell
CCI -23Buy
RSI 48Sell
OBV -6531Sell
VWAP 589Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Novartis ( (Novartis) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Novartis ( (Novartis) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Novartis ( (Novartis) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Novartis ( (Novartis) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Novartis stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Novartis in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Novartis Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Novartis in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Novartis is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 589.09 and Novartis (Novartis) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Novartis (Novartis) stock. Volume based technical analysis of Novartis (Novartis) stock is negative.

Novartis Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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Daily chart

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