(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 2022-11-24 View latest technical analysis
10 day averaged volume of Novartis is 1084
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Thu Nov 2022 | 658.85 | 664.50 | 668.20 | 656.50 | 0.422 times |
| 23 Wed Nov 2022 | 666.60 | 657.65 | 667.00 | 657.10 | 0.495 times |
| 22 Tue Nov 2022 | 657.65 | 668.00 | 668.00 | 655.10 | 0.368 times |
| 21 Mon Nov 2022 | 668.00 | 658.00 | 670.45 | 651.00 | 0.337 times |
| 18 Fri Nov 2022 | 653.20 | 651.30 | 658.45 | 648.90 | 0.43 times |
| 17 Thu Nov 2022 | 657.25 | 660.55 | 662.90 | 654.00 | 0.411 times |
| 16 Wed Nov 2022 | 653.90 | 666.50 | 668.80 | 652.00 | 3.794 times |
| 15 Tue Nov 2022 | 666.80 | 671.40 | 674.35 | 665.00 | 0.411 times |
| 14 Mon Nov 2022 | 668.30 | 671.00 | 675.80 | 667.75 | 0.556 times |
| 11 Fri Nov 2022 | 669.00 | 678.40 | 678.95 | 660.15 | 0.77 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 658.2 as stoploss in an intra day buy trade for a target of 675.17. However, stock will show a bearish move below 658.2.
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 | 649.75 |
| Downside Intraday Target | 640.65 |
| Upside Intraday Target | 669.2 |
| Upside Intraday Target | 679.55 |
| Upside Intraday Target | 660.1 |
Weekly technical analysis of Novartis (Novartis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Thu Nov 2022 | 658.85 | 658.00 | 670.45 | 651.00 | 0.289 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 |
| 24 Thu Nov 2022 | 658.85 | 678.75 | 717.85 | 648.90 | 1.571 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, 21, 14 | Sell |
| MACD | -13, -12 | Sell |
| Stochastics | 27 | Sell |
| CCI | -22 | Sell |
| RSI | 55 | Buy |
| OBV | -8072 | Sell |
| VWAP | 659 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | 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 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 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 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 658.97 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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