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
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US:NYSE Investor Relations:
novartis.com/investors
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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,
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NVS
News
- Novartis Raises Sales Outlook for Mid-Term, Acquires Kate Therapeutics [Yahoo! Finance]Yahoo! Finance
- Faeth Therapeutics Appoints Dr. Stephen Hahn and Dr. Jayson Dallas to Board of Directors [Yahoo! Finance]Yahoo! Finance
- Novartis acquires Kate Therapeutics to advance gene therapies [Yahoo! Finance]Yahoo! Finance
- Velocity targets Latin America expansion with the appointment of Renata Berardocco as LATAM Managing Director [Yahoo! Finance]Yahoo! Finance
- Swiss pharma giant Novartis says 30 pipeline drugs with ‘significant potential' will drive long-term growth [Fortune]Fortune
NVS
Earnings
- 10/29/24 - Beat
NVS
Sec Filings
- 10/29/24 - Form 6-K
- 10/29/24 - Form 6-K
- 9/18/24 - Form 6-K
- NVS's page on the SEC website