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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 2022-09-22 View latest technical analysis

10 day averaged volume of Novartis is 1276

Date Daily Closing Price Open High Low Volume
22 Thu Sep 2022 692.00 674.00 695.00 674.00 0.726 times
21 Wed Sep 2022 695.45 703.05 707.60 690.10 1.707 times
20 Tue Sep 2022 693.60 706.30 710.50 691.30 1.641 times
19 Mon Sep 2022 710.15 708.10 714.75 704.40 0.672 times
16 Fri Sep 2022 710.00 704.00 739.15 704.00 0.898 times
15 Thu Sep 2022 716.00 728.05 730.00 711.70 1.916 times
14 Wed Sep 2022 722.00 721.00 727.50 720.00 0.646 times
13 Tue Sep 2022 723.25 723.85 731.70 721.65 0.345 times
12 Mon Sep 2022 723.45 723.30 728.35 721.85 0.409 times
09 Fri Sep 2022 722.15 729.25 735.00 714.30 0.603 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 689.7, for a target of 705.8 or 719.32

Share price targets for Novartis (Novartis)

Target Type Value
Downside Target 566.00
Downside Target 618.10
Downside Target 674.00
Upside Target 701.00
Upside Target 722.80
Upside Target 735.00
Upside Target 739.15
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 672.42
Downside Intraday Target 652.83
Upside Intraday Target 713.17
Upside Intraday Target 734.33
Upside Intraday Target 693.58

Weekly technical analysis of Novartis (Novartis)

Date Weekly Closing Price Open High Low Volume
22 Thu Sep 2022 692.00 708.10 714.75 674.00 1.126 times
16 Fri Sep 2022 710.00 723.30 739.15 704.00 0.945 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

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
22 Thu Sep 2022 692.00 734.95 739.15 674.00 0.419 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 13, 24, 31 Sell
MACD 1, 8Sell
Stochastics 14Sell
CCI -148Sell
RSI 56Buy
OBV -587Sell
VWAP 707Sell
ADL 0Sell
ROC -4Sell
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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL signal for Novartis in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 707.06 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.

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Daily charts

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Daily chart

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