RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NVS
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Stronger technical forecast for Novartis AG stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The Novartis AG stock price gained 0.640% on the last trading day (Wednesday, 27th Mar 2024), rising from $95.27 to $95.88. During the last trading day the stock fluctuated 0.661% from a day low at $95.27 to a day high of $95.90. The price has fallen in 6 of the last 10 days and is down by -3.15% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $224.69 million.

The stock lies in the lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $95.10 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -9.37% during the next 3 months and, with a 90% probability hold a price between $86.19 and $91.20 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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NVS Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 0.640%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Novartis AG stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $95.94 and $99.95. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Novartis AG stock

Novartis AG finds support from accumulated volume at $95.73 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.630 between high and low, or 0.661%. For the last week, the stock has had daily average volatility of 0.596%.

Our recommended stop-loss: $89.94 (-6.20%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 1 day ago.)

Trading Expectations (NVS) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Novartis AG to open at $95.68, and during the day (based on 14 day Average True Range), to move between $94.81 and $96.95, which gives a possible trading interval of +/-$1.07 (+/-1.12%) up or down from last closing price. If Novartis AG takes out the full calculated possible swing range there will be an estimated 2.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $95.73 (0.16%) than the resistance at $100.97 (5.31%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Novartis AG stock A Buy?

Novartis AG holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.346 Hold/Accumulate Upgraded

Predicted Opening Price for Novartis AG of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$95.68 ( 0.205%) $95.88

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NVS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 96.31 0.452 %
R2 96.07 0.201 %
R1 95.92 0.0459 %
Current price: 95.88
Support S1 95.44 -0.456 %
S2 95.29 -0.611 %
S3 95.05 -0.86 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 107.08 11.68 %
R2 103.47 7.92 %
R1 100.97 5.31 %
Current price 95.88
Support S1 95.73 -0.156%
S2 95.27 -0.636%
S3 0 .

NVS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 24, 2024 Sep 24, 2024 Sep 24, 2024 $3.78 3.94%
2 Mar 07, 2024 Mar 07, 2024 Mar 07, 2024 $0 0%
3 Feb 02, 2023 Mar 09, 2023 Mar 20, 2023 $3.47 4.39%
4 Feb 03, 2022 Mar 08, 2022 Mar 17, 2022 $3.36 4.10%
5 Jan 27, 2021 Mar 04, 2021 Mar 15, 2021 $3.38 4.19%

FAQ

What is the symbol for Novartis AG Stock and on which exchange is it traded?
The symbol for Novartis AG is NVS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Novartis AG Stock?
Novartis AG holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Novartis AG Stock?
Novartis AG Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Novartis AG Stock.

What's the current price of Novartis AG Stock?
As of the end of day on the 2024-03-27, the price of an Novartis AG (NVS) share was $95.88.

What is the 52-week high and low for Novartis AG Stock?
The 52-week high for Novartis AG Stock is $108.78 and the 52-week low is $89.76.

What is the market capitalization of Novartis AG Stock?
As of the 2024-03-27, the market capitalization of Novartis AG is 186.394B.

When is the next earnings date for Novartis AG?
The upcoming earnings date for Novartis AG is Apr 23, 2024.
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About Novartis AG

Novartis AG Novartis AG researches, develops, manufactures, and markets healthcare products worldwide. The company operates through two segments, Innovative Medicines and Sandoz. The Innovative Medicines segment offers prescription medicines for patients and healthcare providers. It also provides ophthalmology, neuroscience, immunology, hepatology, dermatology, respiratory, cardiovascular, renal, and metabolism medicine products. The Sandoz segment develops,... NVS Profile

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