(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 12818
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 1069.00 | 1068.90 | 1079.80 | 1050.05 | 0.714 times |
| 07 Tue May 2024 | 1065.55 | 1068.00 | 1080.00 | 1050.50 | 2.387 times |
| 06 Mon May 2024 | 1062.00 | 1068.90 | 1068.90 | 1045.00 | 1.824 times |
| 03 Fri May 2024 | 1057.25 | 1035.00 | 1060.00 | 1035.00 | 0.864 times |
| 02 Thu May 2024 | 1039.15 | 1039.00 | 1043.00 | 1024.70 | 0.475 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1057.8, but if it comes below 1057.8, then a intra day sell could be more profitable.
If you take a sell trade below 1057.8, then use 1057.8 as stoploss and 1042.16 as target. However if you take a buy trade in stock , then use 1057.8 as stoploss and 1076.7 as target.
Share price targets for Novartis (Novartis)
| Target Type | Value |
| Downside Target | 768.60 |
| Downside Target | 884.00 |
| Downside Target | 991.00 |
| Downside Target | 1011.00 |
| Downside Target | 1060.00 |
| Upside Target | 1070.00 |
| Upside Target | 1080.00 |
| 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 | 1049.33 |
| Downside Intraday Target | 1029.67 |
| Upside Intraday Target | 1084.33 |
| Upside Intraday Target | 1099.67 |
| Downside Intraday Target | 1064.67 |
Weekly technical analysis of Novartis (Novartis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 1069.00 | 1068.90 | 1080.00 | 1045.00 | 1.732 times |
| 03 Fri May 2024 | 1057.25 | 1060.00 | 1070.00 | 1024.70 | 0.709 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Novartis (Novartis)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 1069.00 | 1039.00 | 1080.00 | 1024.70 | 0.264 times |
| 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 |
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 | 28, 14, 31 | Buy |
| MACD | 31, 29 | Buy |
| Stochastics | 83 | Buy |
| CCI | 102 | Buy |
| RSI | 46 | Sell |
| OBV | 62220 | Sell |
| VWAP | 1055 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Novartis stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Novartis in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Novartis in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 1055.23 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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