(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 2022-11-23 View latest technical analysis
10 day averaged volume of Novartis is 1292
|Date||Daily Closing Price||Open||High||Low||Volume|
|23 Wed Nov 2022||666.60||657.65||667.00||657.10||0.416 times|
|22 Tue Nov 2022||657.65||668.00||668.00||655.10||0.309 times|
|21 Mon Nov 2022||668.00||658.00||670.45||651.00||0.283 times|
|18 Fri Nov 2022||653.20||651.30||658.45||648.90||0.361 times|
|17 Thu Nov 2022||657.25||660.55||662.90||654.00||0.345 times|
|16 Wed Nov 2022||653.90||666.50||668.80||652.00||3.183 times|
|15 Tue Nov 2022||666.80||671.40||674.35||665.00||0.344 times|
|14 Mon Nov 2022||668.30||671.00||675.80||667.75||0.467 times|
|11 Fri Nov 2022||669.00||678.40||678.95||660.15||0.646 times|
|10 Thu Nov 2022||670.30||700.00||700.00||668.05||2.038 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 659.8 as stoploss in an intra day buy trade for a target of 676.42. However, stock will show a bearish move below 659.8.
Share price targets for Novartis (Novartis)
Intraday share price targets for Novartis (Novartis)
|Downside Intraday Target||654.92|
|Downside Intraday Target||643.23|
|Upside Intraday Target||674.37|
|Upside Intraday Target||682.13|
|Downside Intraday Target||662.68|
Weekly technical analysis of Novartis (Novartis)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|23 Wed Nov 2022||666.60||658.00||670.45||651.00||0.214 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|
|23 Wed Nov 2022||666.60||678.75||717.85||648.90||1.54 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||16, 23, 17||Sell|
Price action analysis of Novartis ( (Novartis) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Novartis ( (Novartis) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining momentum.
MACD generated a SELL signal for Novartis in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
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 negative zone. This is the SELL 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 661.73 and Novartis (Novartis) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.