(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.
10 day averaged volume of Novo Nordisk is 3303980
Date | Daily Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 122.75 | 123.30 | 124.10 | 122.51 | 0.86 times |
17 Wed Apr 2024 | 124.53 | 124.95 | 125.21 | 123.26 | 0.931 times |
16 Tue Apr 2024 | 123.45 | 123.07 | 124.25 | 121.79 | 0.921 times |
15 Mon Apr 2024 | 123.90 | 125.81 | 126.05 | 123.52 | 0.877 times |
12 Fri Apr 2024 | 124.51 | 126.74 | 127.06 | 124.35 | 1.012 times |
11 Thu Apr 2024 | 125.40 | 125.48 | 125.88 | 124.13 | 0.732 times |
10 Wed Apr 2024 | 124.93 | 123.39 | 125.26 | 123.24 | 0.916 times |
09 Tue Apr 2024 | 124.86 | 126.18 | 126.74 | 124.22 | 0.973 times |
08 Mon Apr 2024 | 127.46 | 127.00 | 127.63 | 125.99 | 0.913 times |
05 Fri Apr 2024 | 125.86 | 124.67 | 126.17 | 124.60 | 1.513 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 124.2, but if it comes above 124.2, then a intra day buy could be more profitable.
If you take a sell trade below 124.2, then use 124.2 as stoploss and 121.6 as target. However if you take a buy trade in stock , then use 124.2 as stoploss and 126.31 as target.
Share price targets for Novo Nordisk (NVO)
Target Type | Value |
Downside Target | 94.73 |
Downside Target | 101.71 |
Downside Target | 104.99 |
Downside Target | 113.24 |
Downside Target | 116.12 |
Downside Target | 121.79 |
Upside Target | 127.29 |
Upside Target | 127.63 |
Upside Target | 129.11 |
Upside Target | 130.25 |
Upside Target | 133.75 |
Upside Target | 138.28 |
Intraday share price targets for Novo Nordisk (NVO)
Target Type | Value |
Downside Intraday Target | 121.01 |
Downside Intraday Target | 119.27 |
Upside Intraday Target | 125.27 |
Upside Intraday Target | 127.79 |
Upside Intraday Target | 123.53 |
Weekly technical analysis of Novo Nordisk (NVO)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 122.75 | 125.81 | 126.05 | 121.79 | 0.789 times |
12 Fri Apr 2024 | 124.51 | 127.00 | 127.63 | 123.24 | 0.751 times |
05 Fri Apr 2024 | 125.86 | 129.11 | 129.11 | 123.77 | 1.322 times |
28 Thu Mar 2024 | 128.40 | 129.00 | 130.25 | 127.29 | 0.673 times |
22 Fri Mar 2024 | 128.76 | 131.57 | 133.75 | 127.11 | 0.858 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 |
18 Thu Apr 2024 | 122.75 | 129.11 | 129.11 | 121.79 | 0.4 times |
28 Thu Mar 2024 | 128.40 | 122.80 | 138.28 | 122.25 | 1.106 times |
29 Thu Feb 2024 | 119.77 | 114.00 | 124.87 | 113.24 | 1.063 times |
31 Wed Jan 2024 | 114.74 | 101.71 | 116.12 | 101.71 | 1.318 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 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 term time period is neutral. A longer time frame might give a better analysis.
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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Novo Nordisk in short term and the sell signal is strong.
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 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 124.83 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 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 term time period is neutral. A longer time frame might give a better analysis.
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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Novo Nordisk in short term and the sell signal is strong.
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 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 124.83 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.