(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 2024-12-19 View latest technical analysis
10 day averaged volume of Novo Nordisk is 5246009
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Dec 2024 | 103.44 | 104.27 | 104.75 | 102.74 | 0.962 times |
| 18 Wed Dec 2024 | 105.96 | 108.39 | 109.04 | 105.47 | 0.677 times |
| 17 Tue Dec 2024 | 108.01 | 107.75 | 108.99 | 107.73 | 0.962 times |
| 16 Mon Dec 2024 | 108.05 | 109.29 | 109.88 | 107.87 | 1.014 times |
| 13 Fri Dec 2024 | 106.95 | 107.04 | 107.61 | 104.14 | 1.125 times |
| 12 Thu Dec 2024 | 108.61 | 110.88 | 111.17 | 108.41 | 0.694 times |
| 11 Wed Dec 2024 | 111.69 | 110.45 | 112.52 | 110.02 | 1.239 times |
| 10 Tue Dec 2024 | 109.19 | 111.55 | 111.55 | 108.70 | 0.83 times |
| 09 Mon Dec 2024 | 111.08 | 111.72 | 111.99 | 110.30 | 0.881 times |
| 26 Tue Nov 2024 | 106.13 | 106.67 | 107.70 | 105.63 | 1.289 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 103 as stoploss in an intra day buy trade for a target of 105.96. However, stock will show a bearish move below 103.
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 99.42 |
| Downside Target | 102.74 |
| Upside Target | 109.88 |
| Upside Target | 112.52 |
| 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 | 100.83 |
| Downside Intraday Target | 98.21 |
| Upside Intraday Target | 107.97 |
| Upside Intraday Target | 112.49 |
| Upside Intraday Target | 105.35 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Dec 2024 | 103.44 | 109.29 | 109.88 | 102.74 | 0.758 times |
| 13 Fri Dec 2024 | 106.95 | 111.72 | 112.52 | 104.14 | 3.701 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 |
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 |
| 19 Thu Dec 2024 | 103.44 | 111.72 | 112.52 | 102.74 | 0.363 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 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Novo Nordisk in short term but the buy signal is initial and weak.
Novo Nordisk Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 107.94 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Novo Nordisk in short term but the buy signal is initial and weak.
Novo Nordisk Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 107.94 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.