(NVO) Novo Nordisk complete technical analysis [charts+indicators] | Buy/Sell Novo Nordisk | (NVO) share price targets
Complete technical analysis of Novo Nordisk (NVO) by charts plus indicators, forecast predictions and share price targets for Novo Nordisk (NVO)
Novo Nordisk trades in USA in Health Care sector.
Showing technical analysis as on 2024-03-12 View latest technical analysis
10 day averaged volume of Novo Nordisk is 7526500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 135.11 | 131.60 | 135.12 | 131.45 | 0.842 times |
| 11 Mon Mar 2024 | 131.24 | 133.37 | 133.52 | 130.75 | 0.762 times |
| 08 Fri Mar 2024 | 133.07 | 133.90 | 134.83 | 131.10 | 1.696 times |
| 07 Thu Mar 2024 | 135.92 | 133.44 | 138.28 | 132.87 | 2.605 times |
| 06 Wed Mar 2024 | 124.75 | 124.36 | 125.18 | 123.36 | 0.518 times |
| 05 Tue Mar 2024 | 124.65 | 126.25 | 126.83 | 123.97 | 0.639 times |
| 04 Mon Mar 2024 | 127.95 | 127.33 | 128.77 | 126.99 | 0.906 times |
| 01 Fri Mar 2024 | 124.23 | 122.80 | 124.43 | 122.25 | 0.724 times |
| 29 Thu Feb 2024 | 119.77 | 120.11 | 120.28 | 118.91 | 0.728 times |
| 28 Wed Feb 2024 | 121.54 | 121.96 | 122.15 | 120.93 | 0.409 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 135.7, for a target of 129.9 or 125.17
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 94.73 |
| Downside Target | 101.71 |
| Downside Target | 104.99 |
| Downside Target | 113.24 |
| Downside Target | 116.12 |
| Downside Target | 122.25 |
| Downside Target | 124.64 |
| Downside Target | 124.87 |
| Downside Target | 130.75 |
| Upside Target | 135.12 |
| Upside Target | 138.28 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 132.2 |
| Downside Intraday Target | 129.29 |
| Upside Intraday Target | 136.57 |
| Upside Intraday Target | 138.03 |
| Downside Intraday Target | 133.66 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 135.11 | 133.37 | 135.12 | 130.75 | 0.252 times |
| 08 Fri Mar 2024 | 133.07 | 127.33 | 138.28 | 123.36 | 1.836 times |
| 01 Fri Mar 2024 | 124.23 | 123.20 | 124.43 | 118.91 | 1.577 times |
| 23 Fri Feb 2024 | 123.45 | 124.62 | 124.87 | 118.30 | 0.643 times |
| 16 Fri Feb 2024 | 124.01 | 120.42 | 124.64 | 119.29 | 0.829 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Novo Nordisk (NVO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 135.11 | 122.80 | 138.28 | 122.25 | 0.617 times |
| 29 Thu Feb 2024 | 119.77 | 114.00 | 124.87 | 113.24 | 1.063 times |
| 31 Wed Jan 2024 | 114.74 | 101.71 | 116.12 | 101.71 | 1.318 times |
| 29 Fri Dec 2023 | 103.45 | 101.10 | 104.99 | 94.73 | 0.758 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Novo Nordisk (NVO)
Price action analysis of Novo Nordisk ( (NVO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Novo Nordisk ( (NVO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Novo Nordisk ( (NVO) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Novo Nordisk ( (NVO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Novo Nordisk stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Novo Nordisk in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Novo Nordisk Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Novo Nordisk in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Novo Nordisk is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 130.29 and Novo Nordisk (NVO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Novo Nordisk (NVO) stock. Volume based technical analysis of Novo Nordisk (NVO) stock is negative.
Novo Nordisk Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Novo Nordisk ( (NVO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Novo Nordisk ( (NVO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Novo Nordisk ( (NVO) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Novo Nordisk ( (NVO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Novo Nordisk stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Novo Nordisk in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Novo Nordisk Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Novo Nordisk in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Novo Nordisk is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 130.29 and Novo Nordisk (NVO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Novo Nordisk (NVO) stock. Volume based technical analysis of Novo Nordisk (NVO) stock is negative.
Novo Nordisk Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.