(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 2022-09-09 View latest technical analysis
10 day averaged volume of Novartis is 2009
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Sep 2022 | 722.15 | 729.25 | 735.00 | 714.30 | 0.383 times |
| 08 Thu Sep 2022 | 722.30 | 724.00 | 728.00 | 720.35 | 0.741 times |
| 07 Wed Sep 2022 | 722.85 | 708.15 | 733.40 | 708.00 | 0.638 times |
| 06 Tue Sep 2022 | 718.00 | 719.05 | 727.00 | 714.35 | 0.511 times |
| 05 Mon Sep 2022 | 714.30 | 726.30 | 727.10 | 712.10 | 0.559 times |
| 02 Fri Sep 2022 | 726.30 | 726.05 | 730.00 | 722.80 | 0.316 times |
| 01 Thu Sep 2022 | 728.70 | 734.95 | 736.50 | 726.25 | 0.313 times |
| 30 Tue Aug 2022 | 730.55 | 743.70 | 749.00 | 727.00 | 2.047 times |
| 29 Mon Aug 2022 | 740.15 | 735.00 | 745.25 | 732.90 | 0.152 times |
| 26 Fri Aug 2022 | 740.25 | 744.90 | 758.60 | 738.40 | 1.491 times |
My analysis of stock is bearish for shortterm, and stock might move down till 715.5 or till 704.7. Use a stoploss of 724.53 and if the stock hits stoploss, then it can shoot up till 733.53
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 | 735.00 |
| 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 | 708.43 |
| Downside Intraday Target | 694.72 |
| Upside Intraday Target | 735.43 |
| Upside Intraday Target | 748.72 |
| Downside Intraday Target | 721.72 |
Weekly technical analysis of Novartis (Novartis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Sep 2022 | 722.15 | 726.30 | 735.00 | 708.00 | 1.001 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 |
| 09 Fri Sep 2022 | 722.15 | 734.95 | 736.50 | 708.00 | 0.159 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 | 21, 12, 29 | Buy |
| MACD | 18, 23 | Sell |
| Stochastics | 29 | Sell |
| CCI | -41 | Buy |
| RSI | 63 | Buy |
| OBV | 4982 | Sell |
| VWAP | 728 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Strong 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
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 and the buying is gaining 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 728.35 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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