(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, -3 | Sell |
| Stochastics | 11 | Sell |
| CCI | -82 | Buy |
| RSI | 57 | Buy |
| OBV | -7574 | Sell |
| VWAP | 692 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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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