(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)
Showing technical analysis as on 2022-05-17 View latest technical analysis
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, -24 | Sell |
| Stochastics | 42 | None |
| CCI | 73 | Buy |
| RSI | 46 | Sell |
| OBV | -3038 | Sell |
| VWAP | 594 | Buy |
| 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 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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