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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 1580

Date Daily Closing Price Open High Low Volume
08 Thu Dec 2022 672.65 669.25 673.10 668.90 0.084 times
07 Wed Dec 2022 670.30 673.95 674.40 666.45 0.635 times
06 Tue Dec 2022 674.40 674.55 682.00 672.85 0.37 times
05 Mon Dec 2022 680.05 667.60 696.30 666.95 2.294 times
02 Fri Dec 2022 681.40 681.05 684.00 678.00 0.527 times
01 Thu Dec 2022 679.80 674.65 685.00 674.65 0.526 times
30 Wed Nov 2022 671.75 677.55 677.95 670.30 1.07 times
29 Tue Nov 2022 672.20 656.70 685.00 656.70 2.273 times
28 Mon Nov 2022 673.55 666.30 678.90 662.95 1.119 times
25 Fri Nov 2022 658.65 652.05 668.20 652.00 0.894 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 676.1 as stoploss in an intra day sell trade for a target of 667.72. However, stock will show a bullish move above 676.1.

Share price targets for Novartis (Novartis)

Target Type Value
Downside Target 648.90
Upside Target 685.00
Upside Target 696.30
Upside Target 696.65
Upside Target 701.00
Upside Target 715.55
Upside Target 717.85
Upside Target 739.15
Upside Target 763.25

Intraday share price targets for Novartis (Novartis)

Target Type Value
Downside Intraday Target 660.63
Downside Intraday Target 648.62
Upside Intraday Target 690.48
Upside Intraday Target 708.32
Upside Intraday Target 678.47

Weekly technical analysis of Novartis (Novartis)

Date Weekly Closing Price Open High Low Volume
08 Thu Dec 2022 672.65 667.60 696.30 666.45 0.613 times
02 Fri Dec 2022 681.40 666.30 685.00 656.70 2.748 times
25 Fri Nov 2022 658.65 658.00 670.45 651.00 0.522 times
18 Fri Nov 2022 653.20 671.00 675.80 648.90 0.686 times
11 Fri Nov 2022 669.00 709.00 715.55 660.15 1.224 times

Price has moved down 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
08 Thu Dec 2022 672.65 674.65 696.30 666.45 0.223 times
30 Wed Nov 2022 671.75 678.75 717.85 648.90 2.151 times
31 Mon Oct 2022 680.00 679.05 696.65 666.00 0.542 times
30 Fri Sep 2022 680.00 734.95 739.15 662.30 0.614 times

Scroll below to view daily charts

Price has moved up 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, 16, 10 Buy
MACD -4, -5Buy
Stochastics 46None
CCI -29Buy
RSI 62Buy
OBV -16948Sell
VWAP 674Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Novartis ( (Novartis) ) based on a short to mid 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 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 BUY. 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 BUY signal in short term but buying 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 673.77 and Novartis (Novartis) stock is trading below this level. This means that stock is falling with high volumes. 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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Daily charts

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Daily chart

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