Novartis shares fall after second pipeline setback this week
📊 NVS — Piyasa Yorumu
▼ down · 60%The headline indicates that Novartis has encountered a second setback in its pipeline, leading to a drop in shares. Such consecutive negative developments could undermine investor confidence and create selling pressure in the short term. Technical indicators also point to weakness: the price is below the 20-day moving average, and the RSI is below 50, suggesting negative momentum. The MACD remains below the signal line, confirming a downward short-term trend. However, the decline is expected to be limited, as the 50-day average may still provide support, and the impact of the news could fade within a few days.
📊 GOOGL — Piyasa Yorumu
▼ down · 30%Although the news headline focuses on Novartis shares, it is not a direct catalyst for GOOGL, and any sector-wide spillover effect may remain limited. Technical indicators present a weak outlook: the price is below the SMA20 and SMA50, and the MACD is in negative territory and below its signal line. The RSI at 46 is in neutral territory, but momentum suggests a downward bias. In the short term, a sideways to slightly bearish trend can be expected, though there is no strong sell signal. Therefore, while the direction is bearish, the confidence level is kept low.