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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Novartis AG (NYSE:NVS)
Long-Term Downtrend (-90) - NVS is in a strong downtrend that is likely to continue. While NVS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NVS?
MarketClub looks at technical strength and momentum to determine if the timing is right for NVS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NVS
The long-term trend has been DOWN since Nov 6th, 2024 at 107.935
The intermediate-term trend has been DOWN since Oct 29th, 2024 at 113.120
The short-term trend has been DOWN since Nov 6th, 2024 at 108.570
Smart Scan Analysis for NVS
Based on our trend formula, NVS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 102.58 | 103.35 | 102.40 | 103.24 | +0.20 |
| Prev. Close | Volume | Bid | Ask | Time |
| 103.27 | 1076527 | 2024-11-19 15:59:35 |
| Year High | 94.19 | Year High Date | 2018-01-26 |
| Year Low | 72.3 | Year Low Date | 2018-06-28 |
| 52wk High | 120.92 | 52wk High Date | 2024-08-30 |
| 52wk Low | 92.35 | 52wk Low Date | 2024-04-18 |
| Year End Close | 63.3 | Average Volume | 1,369,423 |
| Shares Outstanding | 2,976,772 | Short Interest | 3,809,078 |
| % Institutional | 10.4 | Market Cap | 203,692M |
| Assets | 103,524,000M | Liabilities | 602,070,000M |
| P/E Ratio | 12.0797 | Beta | 0.5 |
| Volatility | 21.72 |