(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 2025-01-22 View latest technical analysis
10 day averaged volume of Novo Nordisk is 11224300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed Jan 2025 | 80.57 | 81.73 | 81.80 | 80.43 | 0.527 times |
| 21 Tue Jan 2025 | 81.03 | 79.68 | 81.11 | 79.32 | 0.721 times |
| 17 Fri Jan 2025 | 78.69 | 79.94 | 80.88 | 78.17 | 1.895 times |
| 17 Fri Jan 2025 | 78.69 | 79.94 | 80.88 | 78.17 | 1.895 times |
| 16 Thu Jan 2025 | 83.07 | 82.74 | 83.99 | 82.19 | 0.563 times |
| 15 Wed Jan 2025 | 82.92 | 83.36 | 83.82 | 82.71 | 0.804 times |
| 14 Tue Jan 2025 | 81.18 | 82.92 | 83.68 | 80.05 | 1.22 times |
| 13 Mon Jan 2025 | 84.62 | 84.42 | 84.72 | 83.69 | 0.66 times |
| 10 Fri Jan 2025 | 86.26 | 87.22 | 87.28 | 85.84 | 0.604 times |
| 08 Wed Jan 2025 | 85.64 | 85.50 | 85.80 | 84.68 | 0.819 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 81.4, but if it comes above 81.4, then a intra day buy could be more profitable.
If you take a sell trade below 81.4, then use 81.4 as stoploss and 78 as target. However if you take a buy trade in stock , then use 81.4 as stoploss and 84.3 as target.
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 78.17 |
| Upside Target | 84.68 |
| Upside Target | 87.28 |
| Upside Target | 88.51 |
| Upside Target | 99.42 |
| Upside Target | 107.24 |
| Upside Target | 112.52 |
| Upside Target | 113.02 |
| Upside Target | 117.49 |
| Upside Target | 120.56 |
| Upside Target | 138.62 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 79.33 |
| Downside Intraday Target | 78.08 |
| Upside Intraday Target | 81.81 |
| Upside Intraday Target | 83.04 |
| Downside Intraday Target | 80.56 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed Jan 2025 | 80.57 | 79.68 | 81.80 | 79.32 | 0.659 times |
| 17 Fri Jan 2025 | 78.69 | 79.94 | 80.88 | 78.17 | 0.368 times |
| 17 Fri Jan 2025 | 78.69 | 84.42 | 84.72 | 78.17 | 3.614 times |
| 10 Fri Jan 2025 | 86.26 | 85.50 | 87.28 | 84.68 | 0.542 times |
| 08 Wed Jan 2025 | 85.64 | 86.11 | 86.34 | 82.64 | 1.584 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 |
| 22 Wed Jan 2025 | 80.57 | 87.91 | 88.51 | 78.17 | 1.022 times |
| 31 Tue Dec 2024 | 86.02 | 111.72 | 112.52 | 81.50 | 1.186 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 |
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 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 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 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 81.34 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 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 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 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 81.34 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.