(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, -23 | Buy |
| Stochastics | 29 | Sell |
| CCI | -23 | Buy |
| RSI | 48 | Sell |
| OBV | -6531 | Sell |
| VWAP | 589 | Buy |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
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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