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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)

10 day averaged volume of Novartis is 12803

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 1035.05 1051.95 1057.95 1024.70 0.74 times
29 Mon Apr 2024 1052.50 1060.00 1070.00 1047.00 0.765 times
26 Fri Apr 2024 1055.10 1050.00 1059.65 1044.00 0.874 times
25 Thu Apr 2024 1045.90 1032.90 1049.00 1027.00 0.797 times
24 Wed Apr 2024 1026.20 1031.00 1035.00 1011.00 0.564 times

My analysis of stock is bearish for shortterm, and stock might move down till 1022.4 or till 998.4. Use a stoploss of 1042.48 and if the stock hits stoploss, then it can shoot up till 1062.53

Share price targets for Novartis (Novartis)

Target Type Value
Downside Target 693.20
Downside Target 768.60
Downside Target 884.00
Downside Target 991.00
Upside Target 1058.65
Upside Target 1060.00
Upside Target 1070.00
Upside Target 1105.00
Upside Target 1119.70
Upside Target 1221.60
Upside Target 1224.00

Intraday share price targets for Novartis (Novartis)

Target Type Value
Downside Intraday Target 1016.5
Downside Intraday Target 997.95
Upside Intraday Target 1061.8
Upside Intraday Target 1088.55
Upside Intraday Target 1043.25

Weekly technical analysis of Novartis (Novartis)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 1035.05 1060.00 1070.00 1024.70 0.375 times
26 Fri Apr 2024 1055.10 1019.00 1060.00 1011.00 0.727 times
19 Fri Apr 2024 1010.95 1046.00 1058.65 991.00 1.383 times
12 Fri Apr 2024 1046.05 1101.00 1105.00 1030.00 0.456 times
05 Fri Apr 2024 1091.05 1030.00 1119.70 1010.00 0.937 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
30 Tue Apr 2024 1035.05 1030.00 1119.70 991.00 0.566 times
28 Thu Mar 2024 1028.55 950.00 1221.60 888.70 0.476 times
29 Thu Feb 2024 943.10 998.00 1224.00 884.00 1.087 times
31 Wed Jan 2024 988.45 773.35 1040.00 768.60 3.214 times

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 27, 22, 11 Buy
MACD 27, 30Sell
Stochastics 76Buy
CCI 29Sell
RSI 53Buy
OBV 44816Sell
VWAP 1032Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Novartis in short term but the sell signal is initial and weak.

Novartis Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 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 1031.85 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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