(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 2024-11-20 View latest technical analysis
10 day averaged volume of Novo Nordisk is 6597650
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Nov 2024 | 105.27 | 103.43 | 105.74 | 103.00 | 1.14 times |
| 19 Tue Nov 2024 | 102.63 | 101.18 | 103.12 | 101.14 | 0.876 times |
| 18 Mon Nov 2024 | 99.81 | 100.32 | 101.00 | 99.42 | 1.332 times |
| 15 Fri Nov 2024 | 101.74 | 101.67 | 102.34 | 100.32 | 1.224 times |
| 14 Thu Nov 2024 | 105.32 | 106.83 | 107.00 | 105.00 | 0.677 times |
| 13 Wed Nov 2024 | 106.91 | 106.88 | 107.79 | 106.55 | 0.479 times |
| 12 Tue Nov 2024 | 107.06 | 106.81 | 107.61 | 105.70 | 0.778 times |
| 11 Mon Nov 2024 | 109.09 | 109.67 | 110.61 | 108.93 | 0.749 times |
| 08 Fri Nov 2024 | 107.20 | 107.15 | 107.87 | 106.43 | 0.792 times |
| 07 Thu Nov 2024 | 107.63 | 106.10 | 107.74 | 105.59 | 1.268 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 104.3 as stoploss in an intra day buy trade for a target of 108.33. However, stock will show a bearish move below 104.3.
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 99.42 |
| Downside Target | 105.03 |
| Upside Target | 110.61 |
| Upside Target | 113.02 |
| Upside Target | 117.49 |
| Upside Target | 117.96 |
| Upside Target | 118.80 |
| 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 | 101.21 |
| Downside Intraday Target | 97.16 |
| Upside Intraday Target | 107.53 |
| Upside Intraday Target | 109.8 |
| Downside Intraday Target | 103.48 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Nov 2024 | 105.27 | 100.32 | 105.74 | 99.42 | 0.857 times |
| 15 Fri Nov 2024 | 101.74 | 109.67 | 110.61 | 100.32 | 0.67 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 |
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 |
| 20 Wed Nov 2024 | 105.27 | 112.88 | 113.02 | 99.42 | 0.839 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 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 moving up
CCI has generated a buy signal for Novo Nordisk in short term but BUY signal is weak.
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 104.81 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 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 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 moving up
CCI has generated a buy signal for Novo Nordisk in short term but BUY signal is weak.
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 104.81 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 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.