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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 952

Date Daily Closing Price Open High Low Volume
17 Tue May 2022 604.95 598.40 607.45 598.40 0.717 times
16 Mon May 2022 597.75 585.05 603.80 584.10 0.275 times
13 Fri May 2022 585.95 586.15 593.80 580.05 0.729 times
12 Thu May 2022 578.25 578.35 583.00 574.15 0.697 times
11 Wed May 2022 585.60 585.05 593.00 575.00 1.227 times
10 Tue May 2022 584.45 598.00 601.00 582.60 1.168 times
09 Mon May 2022 594.95 592.10 600.00 588.00 1.295 times
06 Fri May 2022 594.35 600.00 604.50 589.20 1.887 times
05 Thu May 2022 601.95 616.00 619.45 600.50 1.321 times
04 Wed May 2022 607.70 620.85 622.05 607.05 0.979 times

My analysis of stock is bearish for shortterm, and stock might move down till 592 or till 565.8. Use a stoploss of 613.82 and if the stock hits stoploss, then it can shoot up till 635.65

Share price targets for Novartis (Novartis)

Target Type Value
Downside Target 574.15
Upside Target 629.65
Upside Target 629.90
Upside Target 650.80
Upside Target 661.00
Upside Target 674.95
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 590.22
Downside Intraday Target 575.48
Upside Intraday Target 613.57
Upside Intraday Target 622.18
Downside Intraday Target 598.83

Weekly technical analysis of Novartis (Novartis)

Date Weekly Closing Price Open High Low Volume
17 Tue May 2022 604.95 585.05 607.45 584.10 0.194 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
22 Fri Apr 2022 642.50 656.00 674.95 629.90 0.764 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
17 Tue May 2022 604.95 623.50 629.65 574.15 0.236 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 19, 22, 7 Sell
MACD -24, -24Sell
Stochastics 42None
CCI 73Buy
RSI 46Sell
OBV -3038Sell
VWAP 594Buy
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Novartis ( (Novartis) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Novartis ( (Novartis) ) based on a short term time period is

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 SELL signal for Novartis in short term and the sell signal is strong.

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

Novartis Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 593.65 and Novartis (Novartis) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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

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

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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