(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 2022-11-17 View latest technical analysis
10 day averaged volume of Novartis is 1964
Date | Daily Closing Price | Open | High | Low | Volume |
17 Thu Nov 2022 | 657.25 | 660.55 | 662.90 | 654.00 | 0.227 times |
16 Wed Nov 2022 | 653.90 | 666.50 | 668.80 | 652.00 | 2.094 times |
15 Tue Nov 2022 | 666.80 | 671.40 | 674.35 | 665.00 | 0.227 times |
14 Mon Nov 2022 | 668.30 | 671.00 | 675.80 | 667.75 | 0.307 times |
11 Fri Nov 2022 | 669.00 | 678.40 | 678.95 | 660.15 | 0.425 times |
10 Thu Nov 2022 | 670.30 | 700.00 | 700.00 | 668.05 | 1.341 times |
09 Wed Nov 2022 | 698.50 | 707.05 | 715.00 | 688.05 | 1.331 times |
07 Mon Nov 2022 | 706.50 | 709.00 | 715.55 | 700.50 | 1.41 times |
04 Fri Nov 2022 | 708.15 | 707.70 | 714.65 | 701.70 | 0.514 times |
03 Thu Nov 2022 | 705.05 | 680.20 | 717.85 | 678.35 | 1.852 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 664.9, but if it comes above 664.9, then a intra day buy could be more profitable.
If you take a sell trade below 664.9, then use 664.9 as stoploss and 647.3 as target. However if you take a buy trade in stock , then use 664.9 as stoploss and 679.63 as target.
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 | 647.57 |
Downside Intraday Target | 637.88 |
Upside Intraday Target | 671.37 |
Upside Intraday Target | 685.48 |
Upside Intraday Target | 661.68 |
Weekly technical analysis of Novartis (Novartis)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Thu Nov 2022 | 657.25 | 671.00 | 675.80 | 652.00 | 0.633 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 |
17 Thu Nov 2022 | 657.25 | 678.75 | 717.85 | 652.00 | 1.419 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, 29, 36 | Sell |
MACD | -12, -7 | Sell |
Stochastics | 7 | Sell |
CCI | -91 | Sell |
RSI | 54 | Buy |
OBV | -12447 | Sell |
VWAP | 684 | Sell |
ADL | 0 | Sell |
ROC | -3 | 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 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 moving up
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 683.98 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