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-0.000529304205562435 0.000288711384852287 0.000481185641420569 0.00120296410355115 0.00163603118082958 0 0.000144355692426143 -0.000192474256568146
Stock impact report

Novartis (NVS) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now [Yahoo! Finance]

Novartis AG (NVS) 
Last novartis ag earnings: 4/28 01:00 am Check Earnings Report
US:NYSE Investor Relations: novartis.com/investors
Company Research Source: Yahoo! Finance
However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support. While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future earnings of this drugmaker is a solid fundamental factor that enhances the prospects of a trend reversal for the stock. This is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick being at least twice the length of the real body, the candle resembles a 'hammer.' In simple terms, during a downtrend, with bears having absolute control, Show less Read more
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