(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 2024-08-09 View latest technical analysis
10 day averaged volume of Novo Nordisk is 5974840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 133.47 | 130.44 | 134.58 | 130.21 | 1.195 times |
| 08 Thu Aug 2024 | 128.17 | 125.89 | 128.34 | 123.21 | 1.721 times |
| 07 Wed Aug 2024 | 119.23 | 122.69 | 123.62 | 118.80 | 2.326 times |
| 06 Tue Aug 2024 | 130.12 | 128.75 | 131.27 | 128.28 | 1.171 times |
| 05 Mon Aug 2024 | 126.00 | 123.89 | 127.42 | 122.73 | 0.986 times |
| 02 Fri Aug 2024 | 127.49 | 129.78 | 130.13 | 126.85 | 0.799 times |
| 01 Thu Aug 2024 | 132.46 | 132.05 | 134.34 | 131.10 | 0.614 times |
| 31 Wed Jul 2024 | 132.63 | 132.75 | 132.89 | 131.64 | 0.599 times |
| 30 Tue Jul 2024 | 129.23 | 131.10 | 131.67 | 127.59 | 0.734 times |
| 29 Mon Jul 2024 | 128.05 | 128.01 | 129.53 | 127.38 | 0.518 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 135.8 as stoploss in an intra day sell trade for a target of 130.94. However, stock will show a bullish move above 135.8.
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 118.80 |
| Downside Target | 121.29 |
| Downside Target | 126.35 |
| Downside Target | 130.46 |
| Upside Target | 133.68 |
| Upside Target | 134.67 |
| Upside Target | 137.22 |
| Upside Target | 138.80 |
| Upside Target | 143.49 |
| Upside Target | 143.69 |
| Upside Target | 145.99 |
| Upside Target | 148.15 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 123.32 |
| Downside Intraday Target | 113.17 |
| Upside Intraday Target | 139.1 |
| Upside Intraday Target | 144.73 |
| Downside Intraday Target | 128.95 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 133.47 | 123.89 | 134.58 | 118.80 | 2.266 times |
| 02 Fri Aug 2024 | 127.49 | 128.01 | 134.34 | 126.85 | 1.202 times |
| 26 Fri Jul 2024 | 126.73 | 132.00 | 134.67 | 126.35 | 0.648 times |
| 19 Fri Jul 2024 | 131.54 | 143.25 | 143.49 | 126.83 | 1.451 times |
| 12 Fri Jul 2024 | 142.08 | 142.28 | 143.69 | 138.80 | 1.552 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Novo Nordisk (NVO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 133.47 | 132.05 | 134.58 | 118.80 | 0.536 times |
| 31 Wed Jul 2024 | 132.63 | 143.59 | 145.99 | 126.35 | 1.364 times |
| 28 Fri Jun 2024 | 142.74 | 133.85 | 148.15 | 133.68 | 0.861 times |
| 31 Fri May 2024 | 135.28 | 127.80 | 137.22 | 121.29 | 1.053 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Novo Nordisk stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Novo Nordisk in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Novo Nordisk Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 127.34 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 negative.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Novo Nordisk stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Novo Nordisk in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Novo Nordisk Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 127.34 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.