(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 2024-05-28 View latest technical analysis
10 day averaged volume of Novo Nordisk is 3411679
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 134.08 | 134.45 | 134.59 | 132.70 | 0.922 times |
| 24 Fri May 2024 | 136.04 | 134.50 | 136.70 | 134.22 | 0.834 times |
| 23 Thu May 2024 | 135.57 | 136.46 | 137.22 | 135.00 | 1.281 times |
| 22 Wed May 2024 | 134.03 | 133.60 | 134.65 | 132.77 | 0.786 times |
| 21 Tue May 2024 | 135.16 | 133.36 | 135.48 | 133.32 | 1.043 times |
| 20 Mon May 2024 | 132.91 | 131.45 | 133.62 | 131.00 | 0.705 times |
| 17 Fri May 2024 | 131.89 | 131.94 | 132.09 | 130.85 | 0.758 times |
| 16 Thu May 2024 | 133.04 | 133.13 | 133.67 | 132.48 | 0.846 times |
| 15 Wed May 2024 | 134.66 | 132.95 | 134.79 | 132.90 | 1.088 times |
| 14 Tue May 2024 | 132.92 | 132.18 | 133.00 | 131.30 | 0.856 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 134.6 as stoploss in an intra day sell trade for a target of 130.65. However, stock will show a bullish move above 134.6.
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 101.71 |
| Downside Target | 113.24 |
| Downside Target | 116.12 |
| Downside Target | 121.29 |
| Downside Target | 124.87 |
| Downside Target | 130.27 |
| Downside Target | 131.00 |
| Downside Target | 132.70 |
| Upside Target | 134.59 |
| Upside Target | 134.79 |
| Upside Target | 137.22 |
| Upside Target | 138.28 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 132.99 |
| Downside Intraday Target | 131.9 |
| Upside Intraday Target | 134.88 |
| Upside Intraday Target | 135.68 |
| Downside Intraday Target | 133.79 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 134.08 | 134.45 | 134.59 | 132.70 | 0.198 times |
| 24 Fri May 2024 | 136.04 | 131.45 | 137.22 | 131.00 | 0.869 times |
| 17 Fri May 2024 | 131.89 | 131.47 | 134.79 | 130.40 | 1.054 times |
| 10 Fri May 2024 | 128.42 | 122.00 | 130.27 | 121.78 | 0.585 times |
| 03 Fri May 2024 | 123.05 | 127.32 | 130.46 | 121.29 | 1.701 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 |
| 28 Tue May 2024 | 134.08 | 127.80 | 137.22 | 121.29 | 0.935 times |
| 30 Tue Apr 2024 | 128.31 | 129.11 | 130.46 | 121.79 | 0.678 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 |
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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Novo Nordisk stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Novo Nordisk in short term and the buy signal is strong.
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 green color and prices are above the green 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 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 134.18 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Novo Nordisk stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Novo Nordisk in short term and the buy signal is strong.
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 green color and prices are above the green 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 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 134.18 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.