Novartis AG ADR’s recent filing unveils that its Officer Kowalski Robert William acquired Company’s shares for reported $0.73 million on Aug 12 ’24. In the deal valued at $111.72 per share,6,566 shares were bought.
UBS downgraded its Novartis AG ADR [NVS] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in mid February with a ‘”an Underweight”‘ rating. Deutsche Bank also remained covering NVS and has increased its forecast on February 04, 2025 with a “Buy” recommendation from previously “Hold” rating. HSBC Securities revised its rating on December 04, 2024. It rated NVS as “a Reduce” which previously was an “a Hold”.
Price Performance Review of NVS
On Tuesday, Novartis AG ADR [NYSE:NVS] saw its stock jump 0.79% to $111.41. Over the last five days, the stock has gained 1.78%. Novartis AG ADR shares have risen nearly 14.49% since the year began. Nevertheless, the stocks have risen 20.35% over the past one year. While a 52-week high of $120.92 was reached on 03/10/25, a 52-week low of $94.72 was recorded on 01/02/25. SMA at 50 days reached $109.48, while 200 days put it at $108.87.
Levels Of Support And Resistance For NVS Stock
The 24-hour chart illustrates a support level at 110.84, which if violated will result in even more drops to 110.28. On the upside, there is a resistance level at 111.96. A further resistance level may holdings at 112.52. The Relative Strength Index (RSI) on the 14-day chart is 56.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.06, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.12%. Stochastics %K at 79.05% indicates the stock is a holding.
How much short interest is there in Novartis AG ADR?
A steep rise in short interest was recorded in Novartis AG ADR stocks on 2025-03-31, dropping by -1.81 million shares to a total of 3.23 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 5.04 million shares. There was a decline of -56.14%, which implies that there is a negative sentiment for the stock.
