Novartis Crosses Below Key Moving Average Level

In trading on Tuesday, shares of Novartis crossed below their 200 day moving average of $85.10, changing hands as low as $84.78 per share. Novartis shares are currently trading off about 0.6% on the day.

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The chart below shows the one year performance of NVS shares, versus its 200 day moving average:

Looking at the chart above, NVS’s low point in its 52 week range is $74.09 per share, with $94.26 as the 52 week high point — that compares with a last trade of $85.02.

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Source: https://www.forbes.com/sites/dividendchannel/2023/02/28/novartis-crosses-below-key-moving-average-level/