In this daily bar chart of Action Alerts PLUS holding NVS, below, we can see that prices have been in an uptrend since late December. NVS tested the rising 200-day moving average line in April and again in early October. NVS is above both the 50-day and 200-day lines and both averages have positive slopes.
The daily On-Balance-Volume (OBV) line has made a new high for the move up this month which is well ahead of the price action.
The Moving Average Convergence Divergence (MACD) oscillator crossed to the upside in early October for a cover shorts buy signal and it crossed above the zero line earlier this month for an outright go long signal.