(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 2022-12-06 View latest technical analysis
10 day averaged volume of Novartis is 1514
Date | Daily Closing Price | Open | High | Low | Volume |
06 Tue Dec 2022 | 674.40 | 674.55 | 682.00 | 672.85 | 0.386 times |
05 Mon Dec 2022 | 680.05 | 667.60 | 696.30 | 666.95 | 2.394 times |
02 Fri Dec 2022 | 681.40 | 681.05 | 684.00 | 678.00 | 0.55 times |
01 Thu Dec 2022 | 679.80 | 674.65 | 685.00 | 674.65 | 0.549 times |
30 Wed Nov 2022 | 671.75 | 677.55 | 677.95 | 670.30 | 1.117 times |
29 Tue Nov 2022 | 672.20 | 656.70 | 685.00 | 656.70 | 2.373 times |
28 Mon Nov 2022 | 673.55 | 666.30 | 678.90 | 662.95 | 1.168 times |
25 Fri Nov 2022 | 658.65 | 652.05 | 668.20 | 652.00 | 0.933 times |
24 Thu Nov 2022 | 658.85 | 664.50 | 668.20 | 656.50 | 0.302 times |
23 Wed Nov 2022 | 666.60 | 657.65 | 667.00 | 657.10 | 0.355 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 679.7 as stoploss in an intra day sell trade for a target of 669.01. However, stock will show a bullish move above 679.7.
Share price targets for Novartis (Novartis)
Target Type | Value |
Downside Target | 648.90 |
Upside Target | 685.00 |
Upside Target | 696.30 |
Upside Target | 696.65 |
Upside Target | 701.00 |
Upside Target | 715.55 |
Upside Target | 717.85 |
Upside Target | 739.15 |
Upside Target | 763.25 |
Intraday share price targets for Novartis (Novartis)
Target Type | Value |
Downside Intraday Target | 662.13 |
Downside Intraday Target | 649.87 |
Upside Intraday Target | 691.48 |
Upside Intraday Target | 708.57 |
Upside Intraday Target | 679.22 |
Weekly technical analysis of Novartis (Novartis)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Tue Dec 2022 | 674.40 | 667.60 | 696.30 | 666.95 | 0.483 times |
02 Fri Dec 2022 | 681.40 | 666.30 | 685.00 | 656.70 | 2.748 times |
25 Fri Nov 2022 | 658.65 | 658.00 | 670.45 | 651.00 | 0.522 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 |
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 |
06 Tue Dec 2022 | 674.40 | 674.65 | 696.30 | 666.95 | 0.187 times |
30 Wed Nov 2022 | 671.75 | 678.75 | 717.85 | 648.90 | 2.151 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 |
Scroll below to view daily charts
Price has moved up 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 | 21, 12, 25 | Buy |
MACD | -3, -6 | Buy |
Stochastics | 68 | None |
CCI | 47 | Sell |
RSI | 63 | Buy |
OBV | -21459 | Sell |
VWAP | 673 | Buy |
ADL | 0 | Sell |
ROC | 3 | Buy |
Force Index | 0 | Sell |
Price action analysis of Novartis ( (Novartis) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Novartis in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Novartis Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 673.31 and Novartis (Novartis) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Novartis (Novartis) stock. Volume based technical analysis of Novartis (Novartis) stock is negative.
Novartis Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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