(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 2022-12-08 View latest technical analysis
10 day averaged volume of Novartis is 1580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Dec 2022 | 672.65 | 669.25 | 673.10 | 668.90 | 0.084 times |
| 07 Wed Dec 2022 | 670.30 | 673.95 | 674.40 | 666.45 | 0.635 times |
| 06 Tue Dec 2022 | 674.40 | 674.55 | 682.00 | 672.85 | 0.37 times |
| 05 Mon Dec 2022 | 680.05 | 667.60 | 696.30 | 666.95 | 2.294 times |
| 02 Fri Dec 2022 | 681.40 | 681.05 | 684.00 | 678.00 | 0.527 times |
| 01 Thu Dec 2022 | 679.80 | 674.65 | 685.00 | 674.65 | 0.526 times |
| 30 Wed Nov 2022 | 671.75 | 677.55 | 677.95 | 670.30 | 1.07 times |
| 29 Tue Nov 2022 | 672.20 | 656.70 | 685.00 | 656.70 | 2.273 times |
| 28 Mon Nov 2022 | 673.55 | 666.30 | 678.90 | 662.95 | 1.119 times |
| 25 Fri Nov 2022 | 658.65 | 652.05 | 668.20 | 652.00 | 0.894 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 676.1 as stoploss in an intra day sell trade for a target of 667.72. However, stock will show a bullish move above 676.1.
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 | 660.63 |
| Downside Intraday Target | 648.62 |
| Upside Intraday Target | 690.48 |
| Upside Intraday Target | 708.32 |
| Upside Intraday Target | 678.47 |
Weekly technical analysis of Novartis (Novartis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Dec 2022 | 672.65 | 667.60 | 696.30 | 666.45 | 0.613 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 |
| 08 Thu Dec 2022 | 672.65 | 674.65 | 696.30 | 666.45 | 0.223 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 | 19, 16, 10 | Buy |
| MACD | -4, -5 | Buy |
| Stochastics | 46 | None |
| CCI | -29 | Buy |
| RSI | 62 | Buy |
| OBV | -16948 | Sell |
| VWAP | 674 | Sell |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is losing 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. Bears are getting stronger in this stock.
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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 673.77 and Novartis (Novartis) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Novartis charts
Click here for further forecast and predictions for tomorrow