NOVARTIS N

- CHF (-)

- 15 min delayed data - Switzerland SWX Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	NOVN
ISIN:	CH0012005267

NOVARTIS N - 1H - Technical analysis published on 02/23/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

33%

28%

39%

My opinion

Bullish above 80.0371 CHF

My targets

82.0300 CHF (+1.61%)

83.1667 CHF (+3.02%)

My analysis

A bullish trend on NOVARTIS N both in substance and in the short term. A purchase could be considered as long as the price remains above 80.0371 CHF. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 82.0300 CHF. Then the price could move towards 83.1667 CHF. Then 85.3267 CHF by extension. Be careful, a return below 80.0371 CHF would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

4.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NOVARTIS N rating is 80.7300 CHF. On the day, this instrument lost -0.48% and was traded between 80.1300 CHF and 81.1400 CHF over the period. The price is currently at +0.75% from its lowest and -0.51% from its highest.

80.1300

81.1400

80.7300

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NOVARTIS N:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of NOVARTIS N indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	78.2220	79.2540	80.0371	80.7300	81.1041	82.0300	83.1667
Change (%)	-3.11%	-1.83%	-0.86%	-	+0.46%	+1.61%	+3.02%
Change	-2.5080	-1.4760	-0.6929	-	+0.3741	+1.3000	+2.4367
Level	Major	Intermediate	Minor	-	Major	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	79.2633	79.8067	80.4633	81.0067	81.6633	82.2067	82.8633
Camarilla	80.7900	80.9000	81.0100	81.1200	81.2300	81.3400	81.4500
Woodie	79.3200	79.8350	80.5200	81.0350	81.7200	82.2350	82.9200
Fibonacci	79.8067	80.2651	80.5483	81.0067	81.4651	81.7483	82.2067

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	77.5833	78.4167	79.3533	80.1867	81.1233	81.9567	82.8933
Camarilla	79.8033	79.9655	80.1278	80.2900	80.4523	80.6145	80.7768
Woodie	77.6350	78.4425	79.4050	80.2125	81.1750	81.9825	82.9450
Fibonacci	78.4167	79.0928	79.5105	80.1867	80.8628	81.2805	81.9567

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	76.4367	79.2333	80.8467	83.6433	85.2567	88.0533	89.6667
Camarilla	81.2473	81.6515	82.0558	82.4600	82.8643	83.2685	83.6728
Woodie	75.8450	78.9375	80.2550	83.3475	84.6650	87.7575	89.0750
Fibonacci	79.2333	80.9180	81.9587	83.6433	85.3280	86.3687	88.0533

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	54.43
MACD (12,26,9):	0.0860
Directional Movement:	6.3871
AROON (14):	-50.0000
DEMA (21):	80.8098
Parabolic SAR (0,02-0,02-0,2):	81.0585
Elder Ray (13):	0.1450
Super Trend (3,10):	81.2351
Zig ZAG (10):	80.8300
VORTEX (21):	1.0501
Stochastique (14,3,5):	47.18
TEMA (21):	80.7680
Williams %R (14):	-53.52
Chande Momentum Oscillator (20):	-0.5500
Repulse (5,40,3):	0.3246
ROCnROLL:	1
TRIX (15,9):	0.0261
Courbe Coppock:	0.30

MA7:	80.4014
MA20:	80.4275
MA50:	83.0100
MA100:	81.7082
MAexp7:	80.6893
MAexp20:	80.6675
MAexp50:	80.4838
MAexp100:	80.5183
Price / MA7:	+0.41%
Price / MA20:	+0.38%
Price / MA50:	-2.75%
Price / MA100:	-1.20%
Price / MAexp7:	+0.05%
Price / MAexp20:	+0.08%
Price / MAexp50:	+0.31%
Price / MAexp100:	+0.26%

Quotes : - 15 min delayed data - Switzerland SWX Stocks

News

Don't forget to follow the news on NOVARTIS N. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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