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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 2022-11-16 View latest technical analysis

10 day averaged volume of Novartis is 1613

Date Daily Closing Price Open High Low Volume
16 Wed Nov 2022 653.90 666.50 668.80 652.00 2.55 times
15 Tue Nov 2022 666.80 671.40 674.35 665.00 0.276 times
14 Mon Nov 2022 668.30 671.00 675.80 667.75 0.374 times
11 Fri Nov 2022 669.00 678.40 678.95 660.15 0.518 times
10 Thu Nov 2022 670.30 700.00 700.00 668.05 1.632 times
09 Wed Nov 2022 698.50 707.05 715.00 688.05 1.621 times
07 Mon Nov 2022 706.50 709.00 715.55 700.50 1.717 times
04 Fri Nov 2022 708.15 707.70 714.65 701.70 0.626 times
03 Thu Nov 2022 705.05 680.20 717.85 678.35 2.255 times
02 Wed Nov 2022 676.65 681.75 681.80 670.00 0.611 times

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

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 650.4, for a target of 666.9 or 680.7

Share price targets for Novartis (Novartis)

Target Type Value
Downside Target 618.10
Downside Target 652.00
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 645.33
Downside Intraday Target 636.77
Upside Intraday Target 669.13
Upside Intraday Target 684.37
Upside Intraday Target 660.57

Weekly technical analysis of Novartis (Novartis)

Date Weekly Closing Price Open High Low Volume
16 Wed Nov 2022 653.90 671.00 675.80 652.00 0.583 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
16 Wed Nov 2022 653.90 678.75 717.85 652.00 1.388 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 14, 31, 36 Sell
MACD -10, -5Sell
Stochastics 10Sell
CCI -106Sell
RSI 56Buy
OBV -12169Sell
VWAP 684Sell
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 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 Strong 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 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

Although the stock is in the SELL zone, but selling 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 684.22 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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