NOVARTIS AG-SPONSORED ADR (NVS) Stock Technical Analysis
USA - NYSE:NVS - US66987V1098 - ADR
132.39 USD
+1.42 (+1.08%)
132.32 USD
-0.07 (-0.05%)
Taking everything into account, NVS scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, NVS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NVS did better than 71% of all other stocks.
A new 52 week high is currently being made by NVS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month NVS has a been trading in the 121.67 - 133.37 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
NVS has an average volume of 1363120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NVS is an average performer in the Pharmaceuticals industry, it outperforms 56% of 196 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NVS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
100.19
133.72
We found 4 important support areas.
- A support zone ranging from 123.40 to 126.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 119.27 to 121.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 111.87 to 115.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @101.20 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 132.40 to 132.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NVS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NVS is up. |
| ChartMill Relative Strength | 71.86 | POSITIVE | NVS has a high relative strength, it outperformed 71.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.55 | OVERBOUGHT | The high RSI value suggests NVS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.86 | POSITIVE | The MACD value suggests NVS has a positive trend. |
| Stochastics (14,3) | 93.22 | OVERBOUGHT | The high Stochastics value suggests NVS may be overbought. |
| Average True Range in percent/ATR (20) | 1.37 | LOW VOLATILITY | The low ATR as a percentage value for NVS suggests low volalility. |
| Average Directional Index/ADX (14) | 23.18 | NEUTRAL | The ADX value for NVS suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
132.39
+1.42 (+1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.08%
1 Week7.07%
2 Weeks7.7%
1 Month2.05%
3 Month8.61%
6 Month25.07%
12 Month16.18%
2 Year41.47%
3 Year63.18%
5 Year69.56%
10 Year-70.72%
15 Year-54.31%
Volatility
ATR(14)1.72
ATR(20)%1.37%
ATR Inc11.91%
Range Today1.42
ADR(20)1.39
ADR(20)%1.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.86
Mansfield0.55
10 Day High133.37
10 Day Low122.21
20 Day High133.37
20 Day Low121.68
52 Week High133.37
52 Week Low96.06
CS1 End126.25
CR1 Start132.4
Volume & EV
DER(3)0.98%
DER(5)2.66%
Volume1.42M
Volume Incr76.34%
Vol(5)1.98M
Vol(50)1.36M