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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 2022-09-06 View latest technical analysis

10 day averaged volume of Novartis is 2059

Date Daily Closing Price Open High Low Volume
06 Tue Sep 2022 718.00 719.05 727.00 714.35 0.499 times
05 Mon Sep 2022 714.30 726.30 727.10 712.10 0.545 times
02 Fri Sep 2022 726.30 726.05 730.00 722.80 0.308 times
01 Thu Sep 2022 728.70 734.95 736.50 726.25 0.305 times
30 Tue Aug 2022 730.55 743.70 749.00 727.00 1.997 times
29 Mon Aug 2022 740.15 735.00 745.25 732.90 0.149 times
26 Fri Aug 2022 740.25 744.90 758.60 738.40 1.455 times
25 Thu Aug 2022 735.00 726.45 749.00 726.40 3.153 times
24 Wed Aug 2022 731.25 725.35 732.70 725.00 0.484 times
23 Tue Aug 2022 722.30 727.05 733.90 721.45 0.695 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 714.2 as stoploss in an intra day buy trade for a target of 723.66. However, stock will show a bearish move below 714.2.

Share price targets for Novartis (Novartis)

Target Type Value
Downside Target 566.00
Downside Target 618.10
Downside Target 701.00
Upside Target 722.80
Upside Target 727.10
Upside Target 736.50
Upside Target 743.50
Upside Target 749.00
Upside Target 758.60
Upside Target 760.40
Upside Target 763.25

Intraday share price targets for Novartis (Novartis)

Target Type Value
Downside Intraday Target 711.03
Downside Intraday Target 704.07
Upside Intraday Target 726.03
Upside Intraday Target 734.07
Upside Intraday Target 719.07

Weekly technical analysis of Novartis (Novartis)

Date Weekly Closing Price Open High Low Volume
06 Tue Sep 2022 718.00 726.30 727.10 712.10 0.378 times
02 Fri Sep 2022 726.30 735.00 749.00 722.80 0.412 times
26 Fri Aug 2022 740.25 725.05 758.60 711.30 2.29 times
19 Fri Aug 2022 725.65 710.95 743.50 706.55 1.446 times
12 Fri Aug 2022 707.70 716.05 720.00 701.00 0.269 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
06 Tue Sep 2022 718.00 734.95 736.50 712.10 0.078 times
30 Tue Aug 2022 730.55 728.00 763.25 701.00 0.497 times
29 Fri Jul 2022 722.75 618.10 760.40 618.10 3.868 times
30 Thu Jun 2022 612.65 589.00 640.00 575.00 1.162 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 20, 17, 10 Buy
MACD 22, 28Sell
Stochastics 18Sell
CCI -106Buy
RSI 60Buy
OBV 1643Sell
VWAP 731Sell
ADL 0Sell
ROC -1Sell
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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Novartis ( (Novartis) ) based on a mid to longer 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.

ADX buy sell signal for Novartis stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Novartis in short term but the sell signal is initial and weak.

Novartis Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 731.3 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 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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Daily charts

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