Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-09-29 View latest technical analysis

10 day averaged volume of Novartis is 1558

Date Daily Closing Price Open High Low Volume
29 Thu Sep 2022 685.25 674.80 688.95 672.00 0.775 times
28 Wed Sep 2022 665.85 670.90 678.00 662.30 2.056 times
27 Tue Sep 2022 671.10 739.00 739.00 666.00 0.786 times
26 Mon Sep 2022 681.40 685.95 699.55 674.50 0.755 times
23 Fri Sep 2022 687.10 690.90 699.00 675.50 0.209 times
22 Thu Sep 2022 692.00 674.00 695.00 674.00 0.595 times
21 Wed Sep 2022 695.45 703.05 707.60 690.10 1.398 times
20 Tue Sep 2022 693.60 706.30 710.50 691.30 1.344 times
19 Mon Sep 2022 710.15 708.10 714.75 704.40 0.55 times
16 Fri Sep 2022 710.00 704.00 739.15 704.00 0.736 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 686.3, but if it comes above 686.3, then a intra day buy could be more profitable.
If you take a sell trade below 686.3, then use 686.3 as stoploss and 663.7 as target. However if you take a buy trade in stock , then use 686.3 as stoploss and 705.13 as target.

Share price targets for Novartis (Novartis)

Target Type Value
Downside Target 566.00
Downside Target 618.10
Downside Target 662.30
Upside Target 701.00
Upside Target 722.80
Upside Target 735.00
Upside Target 739.00
Upside Target 739.15
Upside Target 749.00
Upside Target 760.40
Upside Target 763.25

Intraday share price targets for Novartis (Novartis)

Target Type Value
Downside Intraday Target 652.03
Downside Intraday Target 618.82
Upside Intraday Target 728.73
Upside Intraday Target 772.22
Upside Intraday Target 695.52

Weekly technical analysis of Novartis (Novartis)

Date Weekly Closing Price Open High Low Volume
29 Thu Sep 2022 685.25 685.95 739.00 662.30 1.068 times
23 Fri Sep 2022 687.10 708.10 714.75 674.00 1.187 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

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
29 Thu Sep 2022 685.25 734.95 739.15 662.30 0.582 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 25, 12, 34 Buy
MACD -12, -5Sell
Stochastics 14Sell
CCI -66Buy
RSI 58Buy
OBV -11378Sell
VWAP 686Sell
ADL 0Sell
ROC -4Sell
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 BUY. 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are below the red 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 and the buying is gaining 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 686.1 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme