(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 2024-06-07 View latest technical analysis
10 day averaged volume of Novo Nordisk is 3746020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 142.88 | 143.07 | 143.73 | 142.27 | 0.937 times |
| 06 Thu Jun 2024 | 142.40 | 141.19 | 142.94 | 140.89 | 1.166 times |
| 05 Wed Jun 2024 | 141.00 | 141.36 | 142.41 | 140.08 | 1.011 times |
| 04 Tue Jun 2024 | 139.92 | 136.44 | 140.00 | 135.78 | 1.354 times |
| 03 Mon Jun 2024 | 135.62 | 133.85 | 136.69 | 133.68 | 1.2 times |
| 31 Fri May 2024 | 135.28 | 135.04 | 135.86 | 133.76 | 0.92 times |
| 30 Thu May 2024 | 132.80 | 133.89 | 134.58 | 132.78 | 0.737 times |
| 29 Wed May 2024 | 132.68 | 132.35 | 133.14 | 132.06 | 0.846 times |
| 28 Tue May 2024 | 134.08 | 134.45 | 134.59 | 132.70 | 0.84 times |
| 24 Fri May 2024 | 136.04 | 134.50 | 136.70 | 134.22 | 0.76 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 143.2, for a target of 138.8 or 135.19
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 113.24 |
| Downside Target | 121.29 |
| Downside Target | 124.87 |
| Downside Target | 130.27 |
| Downside Target | 133.68 |
| Downside Target | 134.79 |
| Downside Target | 135.86 |
| Downside Target | 137.22 |
| Downside Target | 138.28 |
| Upside Target | 143.73 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 136.46 |
| Downside Intraday Target | 130.05 |
| Upside Intraday Target | 146.51 |
| Upside Intraday Target | 150.15 |
| Downside Intraday Target | 140.1 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 142.88 | 133.85 | 143.73 | 133.68 | 1.696 times |
| 31 Fri May 2024 | 135.28 | 134.45 | 135.86 | 132.06 | 0.789 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Novo Nordisk (NVO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 142.88 | 133.85 | 143.73 | 133.68 | 0.254 times |
| 31 Fri May 2024 | 135.28 | 127.80 | 137.22 | 121.29 | 1.053 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 |
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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Novo Nordisk in short term and the buy signal is strong.
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 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 moving up
CCI has generated a buy signal for Novo Nordisk in short term and BUY 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 137.68 and Novo Nordisk (NVO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Novo Nordisk in short term and the buy signal is strong.
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 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 moving up
CCI has generated a buy signal for Novo Nordisk in short term and BUY 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 137.68 and Novo Nordisk (NVO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.