NOVARTIS AG-SPONSORED ADR (NVS) Technical Analysis
NYSE:NVS • US66987V1098
Current stock price
148.18 USD
-1.52 (-1.02%)
At close:
148.18 USD
0 (0%)
After Hours:
NVS Technical Rating and Analysis
Overall NVS gets a technical rating of 7 out of 10. In the last year, NVS was one of the better performers, but we do observe some doubts in the very recent evolution.
- NVS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- When comparing the yearly performance of all stocks, we notice that NVS is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, NVS also shows a nice and consistent pattern of rising prices.
- NVS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NVS is performing more or less in line with the market.
- NVS has an average volume of 2472480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- NVS is an average performer in the Pharmaceuticals industry, it outperforms 68% of 193 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
NVS Weekly and Daily overview Charts
NVS Setup Rating and Analysis
Although NVS has an excellent technical rating, the quality of the presented setup is not ideal 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
NVS Support and Resistance Analysis
134.21
170.32
When analyzing the support we can see 2 important areas.
- A support zone ranging from 146.02 to 147.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 135.57 to 136.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 168.63 to 168.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
NVS Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for NVS is down. |
| ChartMill Relative Strength | 82.69 | POSITIVE | NVS has a high relative strength, it outperformed 82.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NVS is below 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) | 37.74 | NEUTRAL | The RSI value for NVS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.96 | NEGATIVE | The MACD value suggests NVS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.89 | NEUTRAL | The Stochastics value for NVS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for NVS suggests some volalility. |
| Average Directional Index/ADX (14) | 31.95 | POSITIVE | The high ADX value value for NVS suggests a strong trend. |
NVS Chart- and CandleStick Pattern Analysis
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)
NVS Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 149.92 | 146.01 | 3.91 (2.61%) | 25.00% |
| An entry @149.92. This is a Buy Stop order right above the 10 day moving average. | An exit @146.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.91 points, which is 2.61%. | For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NVS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NVS Technicals: Chart, Performance Metrics, Trend & Indicators
148.18
-1.52 (-1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.02%
1 Week1.47%
2 Weeks-3.43%
1 Month-12.12%
3 Month6.47%
6 Month19.84%
12 Month31.63%
2 Year53.19%
3 Year61.07%
5 Year73.35%
10 Year-59.09%
15 Year-45.47%
Volatility
ATR(14)3.04
ATR(20)%2.37%
ATR Inc-31.85%
Range Today2.75
ADR(20)2.59
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.69
3 months CRS84.41
6 months CRS88.39
Mansfield1.57
10 Day High155.79
10 Day Low145.29
20 Day High167.61
20 Day Low145.29
52 Week High170.46
52 Week Low97.72
CS1 End147.37
CR1 Start168.63
Volume & EV
DER(3)-0.88%
DER(5)0.23%
Volume1.98M
Volume Incr-50.31%
Vol(5)1.44M
Vol(50)2.47M
NOVARTIS AG-SPONSORED ADR / NVS TA FAQ
What is the ChartMill technical rating of NOVARTIS AG-SPONSORED ADR (NVS) stock?
ChartMill assigns a technical rating of 7 / 10 to NVS.
What is the trend direction for NVS stock?
The current trend direction for NOVARTIS AG-SPONSORED ADR (NVS) is Bullish.
What is the RSI signal for NOVARTIS AG-SPONSORED ADR (NVS) stock?
NOVARTIS AG-SPONSORED ADR (NVS) has an RSI value of 37.7383. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NOVARTIS AG-SPONSORED ADR?
The short term momentum for NOVARTIS AG-SPONSORED ADR (NVS) is negative.
Can you provide the buy/sell signal for NOVARTIS AG-SPONSORED ADR?
The buy/sell signal for NOVARTIS AG-SPONSORED ADR (NVS) is hold as the short term and long term trends are mixed.