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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 2023-03-28 View latest technical analysis

10 day averaged volume of Novartis is 2070

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue Mar 2023	566.40	566.65	571.85	560.00	0.489 times
27 Mon Mar 2023	562.20	568.30	573.90	560.10	0.726 times
24 Fri Mar 2023	568.90	567.00	582.95	565.85	0.948 times
23 Thu Mar 2023	560.95	566.50	569.00	557.35	0.705 times
22 Wed Mar 2023	565.50	569.70	577.70	562.05	0.36 times
21 Tue Mar 2023	571.45	562.00	580.95	554.00	1.681 times
20 Mon Mar 2023	557.70	566.05	568.80	555.50	0.607 times
17 Fri Mar 2023	571.90	572.05	572.85	565.00	0.442 times
16 Thu Mar 2023	565.55	578.00	578.00	562.80	2.268 times
15 Wed Mar 2023	580.80	579.85	585.30	577.35	1.568 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 565.3 as stoploss in an intra day buy trade for a target of 580.51. However, stock will show a bearish move below 565.3.

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	559.63
Downside Intraday Target	552.87
Upside Intraday Target	573.53
Upside Intraday Target	580.67
Upside Intraday Target	566.77

Weekly technical analysis of Novartis (Novartis)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue Mar 2023	566.40	568.30	573.90	560.00	0.283 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
28 Tue Mar 2023	566.40	600.80	609.95	554.00	2.391 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 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 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 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 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 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 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 568.59 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.