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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 2023-03-27 View latest technical analysis

10 day averaged volume of Novartis is 1992

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon Mar 2023	562.20	568.30	573.90	560.10	0.755 times
24 Fri Mar 2023	568.90	567.00	582.95	565.85	0.985 times
23 Thu Mar 2023	560.95	566.50	569.00	557.35	0.732 times
22 Wed Mar 2023	565.50	569.70	577.70	562.05	0.374 times
21 Tue Mar 2023	571.45	562.00	580.95	554.00	1.746 times
20 Mon Mar 2023	557.70	566.05	568.80	555.50	0.631 times
17 Fri Mar 2023	571.90	572.05	572.85	565.00	0.459 times
16 Thu Mar 2023	565.55	578.00	578.00	562.80	2.357 times
15 Wed Mar 2023	580.80	579.85	585.30	577.35	1.629 times
14 Tue Mar 2023	581.25	588.50	590.00	575.40	0.723 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 566.8, but if it comes above 566.8, then a intra day buy could be more profitable.
If you take a sell trade below 566.8, then use 566.8 as stoploss and 548.5 as target. However if you take a buy trade in stock , then use 566.8 as stoploss and 582.02 as target.

Share price targets for Novartis (Novartis)

Target Type	Value
Downside Target	554.00
Upside Target	608.35
Upside Target	609.95
Upside Target	613.00
Upside Target	644.50
Upside Target	648.90
Upside Target	652.05
Upside Target	683.95
Upside Target	708.60
Upside Target	717.85

Intraday share price targets for Novartis (Novartis)

Target Type	Value
Downside Intraday Target	556.9
Downside Intraday Target	551.6
Upside Intraday Target	570.7
Upside Intraday Target	579.2
Upside Intraday Target	565.4

Weekly technical analysis of Novartis (Novartis)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon Mar 2023	562.20	568.30	573.90	560.10	0.169 times
24 Fri Mar 2023	568.90	566.05	582.95	554.00	0.808 times
17 Fri Mar 2023	571.90	589.50	593.20	562.80	1.826 times
10 Fri Mar 2023	582.90	604.75	609.95	580.00	0.799 times
03 Fri Mar 2023	600.65	597.30	608.35	587.50	1.517 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
27 Mon Mar 2023	562.20	600.80	609.95	554.00	2.322 times
28 Tue Feb 2023	600.75	638.45	644.50	587.50	1.057 times
31 Tue Jan 2023	638.10	675.00	683.95	613.00	0.369 times
30 Fri Dec 2022	675.00	674.65	708.60	652.05	1.202 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)

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 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 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 getting stronger in this stock.

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 569.58 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.