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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 2022-11-22 View latest technical analysis

10 day averaged volume of Novartis is 1529

Date Daily Closing Price Open High Low Volume
22 Tue Nov 2022 657.65 668.00 668.00 655.10 0.261 times
21 Mon Nov 2022 668.00 658.00 670.45 651.00 0.239 times
18 Fri Nov 2022 653.20 651.30 658.45 648.90 0.305 times
17 Thu Nov 2022 657.25 660.55 662.90 654.00 0.292 times
16 Wed Nov 2022 653.90 666.50 668.80 652.00 2.69 times
15 Tue Nov 2022 666.80 671.40 674.35 665.00 0.291 times
14 Mon Nov 2022 668.30 671.00 675.80 667.75 0.394 times
11 Fri Nov 2022 669.00 678.40 678.95 660.15 0.546 times
10 Thu Nov 2022 670.30 700.00 700.00 668.05 1.722 times
09 Wed Nov 2022 698.50 707.05 715.00 688.05 1.71 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 660.6, but if it comes above 660.6, then a intra day buy could be more profitable.
If you take a sell trade below 660.6, then use 660.6 as stoploss and 640.8 as target. However if you take a buy trade in stock , then use 660.6 as stoploss and 677.14 as target.

Share price targets for Novartis (Novartis)

Target Type Value
Downside Target 618.10
Downside Target 648.90
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 648.95
Downside Intraday Target 640.25
Upside Intraday Target 668.4
Upside Intraday Target 679.15
Upside Intraday Target 659.7

Weekly technical analysis of Novartis (Novartis)

Date Weekly Closing Price Open High Low Volume
22 Tue Nov 2022 657.65 658.00 670.45 651.00 0.126 times
18 Fri Nov 2022 653.20 671.00 675.80 648.90 0.686 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

Price has moved up 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
22 Tue Nov 2022 657.65 678.75 717.85 648.90 1.503 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Novartis (Novartis)

Indicator Name Indicator Value Indicator Signal
ADX 17, 24, 17 Sell
MACD -14, -11Sell
Stochastics 16Sell
CCI -55Sell
RSI 56Buy
OBV -8399Sell
VWAP 669Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Novartis ( (Novartis) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!

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 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 668.96 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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