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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 2022-11-14 View latest technical analysis

10 day averaged volume of Novartis is 1658

Date Daily Closing Price Open High Low Volume
14 Mon Nov 2022 668.30 671.00 675.80 667.75 0.364 times
11 Fri Nov 2022 669.00 678.40 678.95 660.15 0.504 times
10 Thu Nov 2022 670.30 700.00 700.00 668.05 1.588 times
09 Wed Nov 2022 698.50 707.05 715.00 688.05 1.577 times
07 Mon Nov 2022 706.50 709.00 715.55 700.50 1.67 times
04 Fri Nov 2022 708.15 707.70 714.65 701.70 0.609 times
03 Thu Nov 2022 705.05 680.20 717.85 678.35 2.194 times
02 Wed Nov 2022 676.65 681.75 681.80 670.00 0.595 times
01 Tue Nov 2022 677.85 678.75 685.10 677.80 0.359 times
31 Mon Oct 2022 680.00 681.85 684.95 673.95 0.606 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 670.8, but if it comes above 670.8, then a intra day buy could be more profitable.
If you take a sell trade below 670.8, then use 670.8 as stoploss and 656.5 as target. However if you take a buy trade in stock , then use 670.8 as stoploss and 682.7 as target.

Share price targets for Novartis (Novartis)

Target Type Value
Downside Target 618.10
Downside Target 660.15
Upside Target 689.50
Upside Target 696.65
Upside Target 701.00
Upside Target 715.55
Upside Target 717.85
Upside Target 739.15
Upside Target 760.40
Upside Target 763.25

Intraday share price targets for Novartis (Novartis)

Target Type Value
Downside Intraday Target 665.43
Downside Intraday Target 662.57
Upside Intraday Target 673.48
Upside Intraday Target 678.67
Upside Intraday Target 670.62

Weekly technical analysis of Novartis (Novartis)

Date Weekly Closing Price Open High Low Volume
14 Mon Nov 2022 668.30 671.00 675.80 667.75 0.068 times
11 Fri Nov 2022 669.00 709.00 715.55 660.15 1.224 times
04 Fri Nov 2022 708.15 681.85 717.85 670.00 2.398 times
28 Fri Oct 2022 675.60 696.65 696.65 674.00 0.608 times
21 Fri Oct 2022 674.00 673.45 689.50 670.00 1.851 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
14 Mon Nov 2022 668.30 678.75 717.85 660.15 1.075 times
31 Mon Oct 2022 680.00 679.05 696.65 666.00 0.542 times
30 Fri Sep 2022 680.00 734.95 739.15 662.30 0.614 times
30 Tue Aug 2022 730.55 728.00 763.25 701.00 0.497 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 17, 25, 19 Sell
MACD -5, -3Sell
Stochastics 11Sell
CCI -82Buy
RSI 57Buy
OBV -7574Sell
VWAP 692Sell
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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Novartis in short term and the sell signal is strong.

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 red color and prices are below the red 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 positive zone. This is a BUY 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 691.68 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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