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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)

Showing technical analysis as on 2022-05-18 View latest technical analysis

10 day averaged volume of Novartis is 980

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 610.40 606.65 619.95 603.10 0.699 times
17 Tue May 2022 604.95 598.40 607.45 598.40 0.697 times
16 Mon May 2022 597.75 585.05 603.80 584.10 0.267 times
13 Fri May 2022 585.95 586.15 593.80 580.05 0.708 times
12 Thu May 2022 578.25 578.35 583.00 574.15 0.678 times
11 Wed May 2022 585.60 585.05 593.00 575.00 1.192 times
10 Tue May 2022 584.45 598.00 601.00 582.60 1.135 times
09 Mon May 2022 594.95 592.10 600.00 588.00 1.258 times
06 Fri May 2022 594.35 600.00 604.50 589.20 1.833 times
05 Thu May 2022 601.95 616.00 619.45 600.50 1.284 times

My analysis of stock is bearish for shortterm, and stock might move down till 591.3 or till 565.8. Use a stoploss of 612.55 and if the stock hits stoploss, then it can shoot up till 633.79

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 589.68
Downside Intraday Target 568.97
Upside Intraday Target 625.53
Upside Intraday Target 640.67
Downside Intraday Target 604.82

Weekly technical analysis of Novartis (Novartis)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 610.40 585.05 619.95 584.10 0.335 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
18 Wed May 2022 610.40 623.50 629.65 574.15 0.252 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 25, 20, 11 Buy
MACD -22, -24Buy
Stochastics 62None
CCI 137Buy
RSI 45Sell
OBV -697Sell
VWAP 593Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

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

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 BUY. Signal strength is Weak and stock is gaining 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 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 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 593.48 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 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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