(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 2024-11-11 View latest technical analysis
10 day averaged volume of Novo Nordisk is 7616790
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 109.09 | 109.67 | 110.61 | 108.93 | 0.649 times |
| 08 Fri Nov 2024 | 107.20 | 107.15 | 107.87 | 106.43 | 0.686 times |
| 07 Thu Nov 2024 | 107.63 | 106.10 | 107.74 | 105.59 | 1.098 times |
| 06 Wed Nov 2024 | 105.36 | 108.27 | 108.75 | 105.03 | 1.581 times |
| 05 Tue Nov 2024 | 110.13 | 107.97 | 110.30 | 107.75 | 0.867 times |
| 04 Mon Nov 2024 | 109.72 | 110.19 | 110.66 | 109.44 | 0.816 times |
| 01 Fri Nov 2024 | 111.94 | 112.88 | 113.02 | 111.79 | 0.598 times |
| 31 Thu Oct 2024 | 111.95 | 110.21 | 112.16 | 109.63 | 1.11 times |
| 30 Wed Oct 2024 | 113.24 | 108.89 | 113.76 | 107.24 | 1.459 times |
| 29 Tue Oct 2024 | 111.98 | 111.62 | 113.27 | 111.15 | 1.082 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 109.1, but if it comes above 109.1, then a intra day buy could be more profitable.
If you take a sell trade below 109.1, then use 109.1 as stoploss and 104.5 as target. However if you take a buy trade in stock , then use 109.1 as stoploss and 112.98 as target.
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 105.03 |
| Downside Target | 107.24 |
| Upside Target | 113.02 |
| Upside Target | 116.44 |
| Upside Target | 117.96 |
| Upside Target | 118.80 |
| Upside Target | 120.47 |
| Upside Target | 120.56 |
| Upside Target | 126.35 |
| Upside Target | 138.62 |
| Upside Target | 139.74 |
| Upside Target | 145.99 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 108.48 |
| Downside Intraday Target | 107.86 |
| Upside Intraday Target | 110.16 |
| Upside Intraday Target | 111.22 |
| Upside Intraday Target | 109.54 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 109.09 | 109.67 | 110.61 | 108.93 | 0.129 times |
| 08 Fri Nov 2024 | 107.20 | 110.19 | 110.66 | 105.03 | 1.019 times |
| 01 Fri Nov 2024 | 111.94 | 112.41 | 113.76 | 107.24 | 1.867 times |
| 25 Fri Oct 2024 | 113.38 | 117.95 | 117.96 | 113.10 | 1.32 times |
| 18 Fri Oct 2024 | 118.09 | 119.60 | 120.47 | 116.44 | 0.803 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 |
| 11 Mon Nov 2024 | 109.09 | 112.88 | 113.02 | 105.03 | 0.443 times |
| 31 Thu Oct 2024 | 111.95 | 118.79 | 120.56 | 107.24 | 1.38 times |
| 30 Mon Sep 2024 | 119.07 | 138.56 | 138.62 | 117.49 | 0.848 times |
| 30 Fri Aug 2024 | 139.16 | 132.05 | 139.74 | 118.80 | 0.942 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Novo Nordisk stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Novo Nordisk in short term and the sell signal is strong.
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. 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 moving up
CCI has generated a buy signal for Novo Nordisk in short term but BUY signal is weak.
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 109.76 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Novo Nordisk stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Novo Nordisk in short term and the sell signal is strong.
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. 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 moving up
CCI has generated a buy signal for Novo Nordisk in short term but BUY signal is weak.
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 109.76 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.