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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 948

Date Daily Closing Price Open High Low Volume
20 Fri May 2022 588.35 572.25 599.15 572.25 2.928 times
19 Thu May 2022 599.65 603.15 608.55 591.00 1.243 times
18 Wed May 2022 610.40 606.65 619.95 603.10 0.723 times
17 Tue May 2022 604.95 598.40 607.45 598.40 0.72 times
16 Mon May 2022 597.75 585.05 603.80 584.10 0.276 times
13 Fri May 2022 585.95 586.15 593.80 580.05 0.732 times
12 Thu May 2022 578.25 578.35 583.00 574.15 0.7 times
11 Wed May 2022 585.60 585.05 593.00 575.00 1.232 times
10 Tue May 2022 584.45 598.00 601.00 582.60 1.173 times
09 Mon May 2022 594.95 592.10 600.00 588.00 1.301 times

Stock of Novartis (Novartis) has showed a significant fall. This could be a good time to exit from this stock.

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 588.3 as stoploss in an intra day buy trade for a target of 607.8. However, stock will show a bearish move below 588.3.

Share price targets for Novartis (Novartis)

Target Type Value
Downside Target 572.25
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 567.08
Downside Intraday Target 545.82
Upside Intraday Target 614.78
Upside Intraday Target 641.22
Upside Intraday Target 593.52

Weekly technical analysis of Novartis (Novartis)

Date Weekly Closing Price Open High Low Volume
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
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
20 Fri May 2022 588.35 623.50 629.65 572.25 0.343 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, 32, 26 Sell
MACD -21, -22Buy
Stochastics 56None
CCI -54Sell
RSI 44Sell
OBV -6024Sell
VWAP 592Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Novartis ( (Novartis) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Novartis ( (Novartis) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Strong and stock is gaining momentum.

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

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 tired and bears are picking up momentum.

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 and SELL signal is strong!

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

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 591.64 and Novartis (Novartis) stock is trading below this level. This means that stock is falling with high volumes. 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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Daily charts

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Daily chart

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