(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 2024-09-26 View latest technical analysis
10 day averaged volume of Novo Nordisk is 4001750
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Thu Sep 2024 | 124.30 | 125.60 | 125.62 | 123.98 | 1.092 times |
| 25 Wed Sep 2024 | 126.95 | 127.37 | 127.61 | 126.40 | 0.736 times |
| 24 Tue Sep 2024 | 125.44 | 124.32 | 126.66 | 123.77 | 1.243 times |
| 23 Mon Sep 2024 | 123.70 | 124.00 | 125.27 | 122.94 | 1.767 times |
| 20 Fri Sep 2024 | 127.51 | 129.10 | 129.48 | 126.13 | 2.42 times |
| 19 Thu Sep 2024 | 134.88 | 134.66 | 135.20 | 133.63 | 0.663 times |
| 18 Wed Sep 2024 | 132.06 | 132.83 | 133.27 | 131.30 | 0.713 times |
| 17 Tue Sep 2024 | 132.00 | 133.60 | 135.16 | 131.80 | 0.879 times |
| 16 Mon Sep 2024 | 136.90 | 138.06 | 138.22 | 136.77 | 0.444 times |
| 13 Fri Sep 2024 | 137.00 | 136.86 | 137.89 | 136.37 | 0.594 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 127.6, but if it comes above 127.6, then a intra day buy could be more profitable.
If you take a sell trade below 127.6, then use 127.6 as stoploss and 122 as target. However if you take a buy trade in stock , then use 127.6 as stoploss and 132.27 as target.
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 118.80 |
| Downside Target | 121.29 |
| Upside Target | 126.13 |
| Upside Target | 133.68 |
| Upside Target | 137.22 |
| Upside Target | 138.22 |
| Upside Target | 138.62 |
| Upside Target | 139.74 |
| Upside Target | 145.99 |
| Upside Target | 148.15 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 122.29 |
| Downside Intraday Target | 120.28 |
| Upside Intraday Target | 126.96 |
| Upside Intraday Target | 129.62 |
| Upside Intraday Target | 124.95 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Thu Sep 2024 | 124.30 | 124.00 | 127.61 | 122.94 | 0.945 times |
| 20 Fri Sep 2024 | 127.51 | 138.06 | 138.22 | 126.13 | 1.625 times |
| 13 Fri Sep 2024 | 137.00 | 132.03 | 137.89 | 128.40 | 1.325 times |
| 06 Fri Sep 2024 | 131.14 | 138.56 | 138.62 | 130.53 | 3.498 times |
| 30 Fri Aug 2024 | 139.16 | 138.21 | 139.74 | 137.85 | 0.224 times |
Price has moved down 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 |
| 26 Thu Sep 2024 | 124.30 | 138.56 | 138.62 | 122.94 | 0.67 times |
| 30 Fri Aug 2024 | 139.16 | 132.05 | 139.74 | 118.80 | 0.942 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 |
Scroll below to view daily charts
Price has moved down 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 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 short to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Novo Nordisk stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Novo Nordisk in short term and the sell signal is strong.
Novo Nordisk Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Novo Nordisk in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 128.33 and Novo Nordisk (NVO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 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 short to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Novo Nordisk stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Novo Nordisk in short term and the sell signal is strong.
Novo Nordisk Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Novo Nordisk in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 128.33 and Novo Nordisk (NVO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.