(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 700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 637.20 | 638.45 | 644.50 | 630.10 | 0.767 times |
| 31 Tue Jan 2023 | 638.10 | 616.45 | 643.00 | 616.45 | 1.699 times |
| 30 Mon Jan 2023 | 613.55 | 625.20 | 625.40 | 613.00 | 0.53 times |
| 27 Fri Jan 2023 | 620.90 | 633.85 | 637.30 | 616.20 | 1.214 times |
| 25 Wed Jan 2023 | 635.15 | 642.85 | 643.85 | 633.80 | 0.881 times |
| 24 Tue Jan 2023 | 640.20 | 647.85 | 647.90 | 640.00 | 0.956 times |
| 23 Mon Jan 2023 | 642.95 | 656.10 | 656.10 | 642.30 | 0.681 times |
| 20 Fri Jan 2023 | 647.95 | 647.05 | 657.40 | 644.60 | 0.9 times |
| 19 Thu Jan 2023 | 647.05 | 652.05 | 655.35 | 647.05 | 0.654 times |
| 18 Wed Jan 2023 | 645.10 | 653.60 | 653.85 | 639.95 | 2.03 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 634.2 as stoploss in an intra day buy trade for a target of 650.5. However, stock will show a bearish move below 634.2.
Share price targets for Novartis (Novartis)
| Target Type | Value |
| Downside Target | 613.00 |
| Downside Target | 630.10 |
| Upside Target | 660.10 |
| Upside Target | 664.25 |
| Upside Target | 666.00 |
| Upside Target | 679.90 |
| Upside Target | 683.95 |
| Upside Target | 696.65 |
| Upside Target | 708.60 |
| Upside Target | 717.85 |
Intraday share price targets for Novartis (Novartis)
| Target Type | Value |
| Downside Intraday Target | 618.63 |
| Downside Intraday Target | 600.07 |
| Upside Intraday Target | 650.13 |
| Upside Intraday Target | 663.07 |
| Downside Intraday Target | 631.57 |
Weekly technical analysis of Novartis (Novartis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 637.20 | 625.20 | 644.50 | 613.00 | 0.803 times |
| 27 Fri Jan 2023 | 620.90 | 656.10 | 656.10 | 616.20 | 0.672 times |
| 20 Fri Jan 2023 | 647.95 | 664.15 | 664.25 | 639.95 | 1.721 times |
| 13 Fri Jan 2023 | 664.85 | 666.70 | 679.90 | 660.10 | 0.628 times |
| 06 Fri Jan 2023 | 663.95 | 675.00 | 683.95 | 660.00 | 0.586 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 |
| 01 Wed Feb 2023 | 637.20 | 638.45 | 644.50 | 630.10 | 0.039 times |
| 31 Tue Jan 2023 | 638.10 | 675.00 | 683.95 | 613.00 | 0.369 times |
| 30 Fri Dec 2022 | 675.00 | 674.65 | 708.60 | 652.05 | 1.202 times |
| 30 Wed Nov 2022 | 671.75 | 678.75 | 717.85 | 648.90 | 2.151 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 | 18, 26, 18 | Sell |
| MACD | -19, -17 | Sell |
| Stochastics | 37 | None |
| CCI | -10 | Buy |
| RSI | 61 | Buy |
| OBV | -6053 | Sell |
| VWAP | 638 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| 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 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 below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Novartis in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 637.81 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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