(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 2024-03-20 View latest technical analysis
10 day averaged volume of Novo Nordisk is 7076820
Date | Daily Closing Price | Open | High | Low | Volume |
20 Wed Mar 2024 | 130.36 | 131.15 | 131.43 | 128.83 | 0.622 times |
19 Tue Mar 2024 | 131.37 | 132.04 | 132.21 | 130.51 | 0.621 times |
18 Mon Mar 2024 | 132.89 | 131.57 | 133.75 | 131.07 | 0.551 times |
15 Fri Mar 2024 | 132.37 | 133.88 | 134.00 | 131.86 | 0.534 times |
14 Thu Mar 2024 | 134.58 | 135.85 | 135.92 | 133.87 | 0.496 times |
13 Wed Mar 2024 | 133.49 | 134.24 | 135.50 | 132.70 | 0.968 times |
12 Tue Mar 2024 | 135.11 | 131.60 | 135.12 | 131.45 | 0.896 times |
11 Mon Mar 2024 | 131.24 | 133.37 | 133.52 | 130.75 | 0.81 times |
08 Fri Mar 2024 | 133.07 | 133.90 | 134.83 | 131.10 | 1.804 times |
07 Thu Mar 2024 | 135.92 | 133.44 | 138.28 | 132.87 | 2.771 times |
My analysis of stock is bullish for shortterm, and stock might move up till 133.4 or till 139.5. Use a stoploss of 128.35 and if this stock hits its stoploss, then it can fall down till 123.29
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 | 122.25 |
Downside Target | 124.87 |
Downside Target | 128.83 |
Upside Target | 130.75 |
Upside Target | 133.75 |
Upside Target | 135.92 |
Upside Target | 138.28 |
Intraday share price targets for Novo Nordisk (NVO)
Target Type | Value |
Downside Intraday Target | 128.21 |
Downside Intraday Target | 126.06 |
Upside Intraday Target | 133.13 |
Upside Intraday Target | 135.9 |
Upside Intraday Target | 130.98 |
Weekly technical analysis of Novo Nordisk (NVO)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Wed Mar 2024 | 130.36 | 131.57 | 133.75 | 128.83 | 0.484 times |
15 Fri Mar 2024 | 132.37 | 133.37 | 135.92 | 130.75 | 0.547 times |
08 Fri Mar 2024 | 133.07 | 127.33 | 138.28 | 123.36 | 1.836 times |
01 Fri Mar 2024 | 124.23 | 123.20 | 124.43 | 118.91 | 1.577 times |
23 Fri Feb 2024 | 123.45 | 124.62 | 124.87 | 118.30 | 0.643 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 |
20 Wed Mar 2024 | 130.36 | 122.80 | 138.28 | 122.25 | 0.871 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 |
29 Fri Dec 2023 | 103.45 | 101.10 | 104.99 | 94.73 | 0.758 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Novo Nordisk in short term but the sell signal is initial and weak.
Novo Nordisk Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 and the buying is gaining 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 133.68 and Novo Nordisk (NVO) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Novo Nordisk in short term but the sell signal is initial and weak.
Novo Nordisk Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 and the buying is gaining 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 133.68 and Novo Nordisk (NVO) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.