NVS Crosses Above Key Moving Average Level

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In trading on Thursday, shares of Novartis (Symbol: NVS) crossed above their 200 day moving average of $76.52, changing hands as high as $76.73 per share. Novartis shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of NVS shares, versus its 200 day moving average: Novartis 200 Day Moving Average Chart

Looking at the chart above, NVS's low point in its 52 week range is $66.93 per share, with $83.58 as the 52 week high point - that compares with a last trade of $76.67.

According to the ETF Finder at ETF Channel, NVS makes up 7.80% of the Pharmaceutical ETF (Symbol: PPH) which is trading lower by about 0.1% on the day Thursday.

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Options
Referenced Symbols: NVS , PPH

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