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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 2022-05-23 View latest technical analysis

10 day averaged volume of Novartis is 1046

Date Daily Closing Price Open High Low Volume
23 Mon May 2022 578.35 588.40 588.40 571.50 1.69 times
20 Fri May 2022 588.35 572.25 599.15 572.25 2.654 times
19 Thu May 2022 599.65 603.15 608.55 591.00 1.126 times
18 Wed May 2022 610.40 606.65 619.95 603.10 0.655 times
17 Tue May 2022 604.95 598.40 607.45 598.40 0.653 times
16 Mon May 2022 597.75 585.05 603.80 584.10 0.25 times
13 Fri May 2022 585.95 586.15 593.80 580.05 0.663 times
12 Thu May 2022 578.25 578.35 583.00 574.15 0.635 times
11 Wed May 2022 585.60 585.05 593.00 575.00 1.117 times
10 Tue May 2022 584.45 598.00 601.00 582.60 1.063 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 585.8, but if it comes above 585.8, then a intra day buy could be more profitable.
If you take a sell trade below 585.8, then use 585.8 as stoploss and 563.2 as target. However if you take a buy trade in stock , then use 585.8 as stoploss and 604.59 as target.

Share price targets for Novartis (Novartis)

Target Type Value
Downside Target 571.50
Upside Target 618.35
Upside Target 620.10
Upside Target 629.65
Upside Target 650.80
Upside Target 661.00
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 570.43
Downside Intraday Target 562.52
Upside Intraday Target 587.33
Upside Intraday Target 596.32
Upside Intraday Target 579.42

Weekly technical analysis of Novartis (Novartis)

Date Weekly Closing Price Open High Low Volume
23 Mon May 2022 578.35 588.40 588.40 571.50 0.317 times
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

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
23 Mon May 2022 578.35 623.50 629.65 571.50 0.384 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 17, 29, 27 Sell
MACD -23, -23Sell
Stochastics 35None
CCI -92Sell
RSI 43Sell
OBV -9328Sell
VWAP 589Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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 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 SELL signal for Novartis in short term and the sell signal is strong.

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 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 589.13 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.

Click here for Novartis charts

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Daily charts

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Daily chart

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