(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 2024-12-10 View latest technical analysis
10 day averaged volume of Novo Nordisk is 6493339
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue Dec 2024 | 109.19 | 111.55 | 111.55 | 108.70 | 0.671 times |
| 09 Mon Dec 2024 | 111.08 | 111.72 | 111.99 | 110.30 | 0.712 times |
| 26 Tue Nov 2024 | 106.13 | 106.67 | 107.70 | 105.63 | 1.041 times |
| 26 Tue Nov 2024 | 106.13 | 106.67 | 107.70 | 105.63 | 1.041 times |
| 25 Mon Nov 2024 | 104.56 | 105.31 | 105.92 | 104.00 | 0.661 times |
| 22 Fri Nov 2024 | 105.06 | 103.91 | 106.24 | 103.86 | 0.946 times |
| 21 Thu Nov 2024 | 102.63 | 103.18 | 103.22 | 101.51 | 0.953 times |
| 20 Wed Nov 2024 | 105.27 | 103.43 | 105.74 | 103.00 | 1.158 times |
| 19 Tue Nov 2024 | 102.63 | 101.18 | 103.12 | 101.14 | 0.89 times |
| 18 Mon Nov 2024 | 99.81 | 100.32 | 101.00 | 99.42 | 1.354 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 109, but if it comes below 109, then a intra day sell could be more profitable.
If you take a sell trade below 109, then use 109 as stoploss and 106.13 as target. However if you take a buy trade in stock , then use 109 as stoploss and 112.5 as target.
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 99.42 |
| Downside Target | 104.00 |
| Upside Target | 110.61 |
| Upside Target | 111.99 |
| Upside Target | 113.02 |
| Upside Target | 117.49 |
| Upside Target | 118.80 |
| Upside Target | 120.56 |
| Upside Target | 138.62 |
| Upside Target | 139.74 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 107.93 |
| Downside Intraday Target | 106.67 |
| Upside Intraday Target | 111.22 |
| Upside Intraday Target | 113.25 |
| Upside Intraday Target | 109.96 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue Dec 2024 | 109.19 | 111.72 | 111.99 | 108.70 | 1.328 times |
| 26 Tue Nov 2024 | 106.13 | 106.67 | 107.70 | 105.63 | 0.612 times |
| 26 Tue Nov 2024 | 106.13 | 105.31 | 107.70 | 104.00 | 0.321 times |
| 22 Fri Nov 2024 | 105.06 | 100.32 | 106.24 | 99.42 | 1.335 times |
| 15 Fri Nov 2024 | 101.74 | 109.67 | 110.61 | 100.32 | 0.67 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 |
| 10 Tue Dec 2024 | 109.19 | 111.72 | 111.99 | 108.70 | 0.074 times |
| 26 Tue Nov 2024 | 106.13 | 112.88 | 113.02 | 99.42 | 1.118 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 |
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 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.
Price action analysis of Novo Nordisk ( (NVO) ) based on a short 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.
Price action analysis of Novo Nordisk ( (NVO) ) based on a short to mid 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.
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 BUY. 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 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 red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Novo Nordisk in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Novo Nordisk is picking up buying 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 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 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.
Price action analysis of Novo Nordisk ( (NVO) ) based on a short 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.
Price action analysis of Novo Nordisk ( (NVO) ) based on a short to mid 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.
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 BUY. 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 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 red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Novo Nordisk in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Novo Nordisk is picking up buying 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 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.