NOVARTIS AG-SPONSORED ADR (NVS) Stock Technical Analysis
NYSE:NVS - US66987V1098 - ADR
126.98 USD
+0.16 (+0.13%)
126.98 USD
0 (0%)
Taking everything into account, NVS scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NVS is only an average performer.
The long and short term trends are both positive. This is looking good!
NVS is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month NVS has a been trading in the 112.34 - 128.03 range, which is quite wide. It is currently trading near the high of this range.
NVS has an average volume of 1657080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, NVS outperforms 62% of them, which is more or less in line with the market.
NVS is an average performer in the Pharmaceuticals industry, it outperforms 57% of 193 stocks in the same industry.
Although NVS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
98.93
128.25
When analyzing the support we can see 3 important areas.
- A support zone ranging from 111.87 to 119.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @108.64 from a trend line in the daily time frame.
- Support @99.93 from a trend line in the weekly time frame.
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 | 62.65 | NEUTRAL | NVS is not amongst the best or worst performers 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) | 68.63 | NEUTRAL | The RSI value for NVS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.03 | POSITIVE | The MACD value suggests NVS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.64 | OVERBOUGHT | The high Stochastics value suggests NVS may be overbought. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for NVS suggests low volalility. |
| Average Directional Index/ADX (14) | 21.91 | 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)
126.98
+0.16 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.13%
1 Week2.23%
2 Weeks8.68%
1 Month7.88%
3 Month12.62%
6 Month16.12%
12 Month7.1%
2 Year26.37%
3 Year57.7%
5 Year47.55%
10 Year-73.88%
15 Year-51.62%
Volatility
ATR(14)1.8
ATR(20)%1.54%
ATR Inc-49.13%
Range Today1.17
ADR(20)1.5
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.65
Mansfield0.4
10 Day High128.03
10 Day Low117.54
20 Day High128.03
20 Day Low112.34
52 Week High128.03
52 Week Low96.06
CS1 End119.81
CR1 StartN/A
Volume & EV
DER(3)0.94%
DER(5)1.44%
Volume1.34M
Volume Incr-37.69%
Vol(5)1.12M
Vol(50)1.66M