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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 2022-11-23 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)

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 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
MACD -13, -11Sell
Stochastics 26Sell
CCI -10Buy
RSI 56Buy
OBV -7449Sell
VWAP 662Buy
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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.

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Daily charts

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Daily chart

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