(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 956
Date | Daily Closing Price | Open | High | Low | Volume |
19 Thu May 2022 | 599.65 | 603.15 | 608.55 | 591.00 | 1.232 times |
18 Wed May 2022 | 610.40 | 606.65 | 619.95 | 603.10 | 0.717 times |
17 Tue May 2022 | 604.95 | 598.40 | 607.45 | 598.40 | 0.714 times |
16 Mon May 2022 | 597.75 | 585.05 | 603.80 | 584.10 | 0.274 times |
13 Fri May 2022 | 585.95 | 586.15 | 593.80 | 580.05 | 0.726 times |
12 Thu May 2022 | 578.25 | 578.35 | 583.00 | 574.15 | 0.695 times |
11 Wed May 2022 | 585.60 | 585.05 | 593.00 | 575.00 | 1.222 times |
10 Tue May 2022 | 584.45 | 598.00 | 601.00 | 582.60 | 1.163 times |
09 Mon May 2022 | 594.95 | 592.10 | 600.00 | 588.00 | 1.29 times |
06 Fri May 2022 | 594.35 | 600.00 | 604.50 | 589.20 | 1.879 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 590 as stoploss in an intra day buy trade for a target of 610.68. However, stock will show a bearish move below 590.
Share price targets for Novartis (Novartis)
Target Type | Value |
Downside Target | 574.15 |
Upside Target | 618.35 |
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 | 582.52 |
Downside Intraday Target | 565.38 |
Upside Intraday Target | 618.37 |
Upside Intraday Target | 637.08 |
Upside Intraday Target | 601.23 |
Weekly technical analysis of Novartis (Novartis)
Date | Weekly Closing Price | Open | High | Low | Volume |
19 Thu May 2022 | 599.65 | 585.05 | 619.95 | 584.10 | 0.576 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 |
19 Thu May 2022 | 599.65 | 623.50 | 629.65 | 574.15 | 0.279 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, 25, 6 | Sell |
MACD | -21, -23 | Buy |
Stochastics | 66 | None |
CCI | 53 | Sell |
RSI | 44 | Sell |
OBV | 614 | Sell |
VWAP | 593 | Buy |
ADL | 0 | Sell |
ROC | -0 | Sell |
Force Index | 0 | Sell |
Price action analysis of Novartis ( (Novartis) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Novartis ( (Novartis) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Novartis in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Novartis is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 593.12 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 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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