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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 2022-09-15 View latest technical analysis

10 day averaged volume of Novartis is 874

Date Daily Closing Price Open High Low Volume
15 Thu Sep 2022 716.00 728.05 730.00 711.70 2.797 times
14 Wed Sep 2022 722.00 721.00 727.50 720.00 0.943 times
13 Tue Sep 2022 723.25 723.85 731.70 721.65 0.503 times
12 Mon Sep 2022 723.45 723.30 728.35 721.85 0.597 times
09 Fri Sep 2022 722.15 729.25 735.00 714.30 0.88 times
08 Thu Sep 2022 722.30 724.00 728.00 720.35 1.703 times
07 Wed Sep 2022 722.85 708.15 733.40 708.00 1.466 times
06 Tue Sep 2022 718.00 719.05 727.00 714.35 1.175 times
05 Mon Sep 2022 714.30 726.30 727.10 712.10 1.285 times
02 Fri Sep 2022 726.30 726.05 730.00 722.80 0.727 times

Stock of Novartis (Novartis) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 718.8, but if it comes above 718.8, then a intra day buy could be more profitable.
If you take a sell trade below 718.8, then use 718.8 as stoploss and 710.5 as target. However if you take a buy trade in stock , then use 718.8 as stoploss and 725.68 as target.

Share price targets for Novartis (Novartis)

Target Type Value
Downside Target 566.00
Downside Target 618.10
Downside Target 701.00
Upside Target 731.70
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 707.9
Downside Intraday Target 699.8
Upside Intraday Target 727.9
Upside Intraday Target 739.8
Upside Intraday Target 719.8

Weekly technical analysis of Novartis (Novartis)

Date Weekly Closing Price Open High Low Volume
15 Thu Sep 2022 716.00 723.30 731.70 711.70 0.744 times
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

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
15 Thu Sep 2022 716.00 734.95 736.50 708.00 0.255 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 18, 15, 7 Buy
MACD 14, 18Sell
Stochastics 39None
CCI -93Sell
RSI 64Buy
OBV 3211Sell
VWAP 720Sell
ADL 0Sell
ROC -2Sell
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 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 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 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 losing momentum.

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

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 green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 719.94 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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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