(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 2024-06-13 View latest technical analysis
10 day averaged volume of Novo Nordisk is 3877180
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Thu Jun 2024 | 142.49 | 142.83 | 142.91 | 141.14 | 0.737 times |
| 12 Wed Jun 2024 | 143.26 | 143.52 | 144.50 | 142.00 | 0.836 times |
| 11 Tue Jun 2024 | 141.79 | 141.91 | 142.94 | 141.02 | 1.143 times |
| 10 Mon Jun 2024 | 143.63 | 142.12 | 143.94 | 141.25 | 0.943 times |
| 07 Fri Jun 2024 | 142.88 | 143.07 | 143.73 | 142.27 | 0.906 times |
| 06 Thu Jun 2024 | 142.40 | 141.19 | 142.94 | 140.89 | 1.127 times |
| 05 Wed Jun 2024 | 141.00 | 141.36 | 142.41 | 140.08 | 0.977 times |
| 04 Tue Jun 2024 | 139.92 | 136.44 | 140.00 | 135.78 | 1.308 times |
| 03 Mon Jun 2024 | 135.62 | 133.85 | 136.69 | 133.68 | 1.16 times |
| 31 Fri May 2024 | 135.28 | 135.04 | 135.86 | 133.76 | 0.889 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 141.5, but if it comes below 141.5, then a intra day sell could be more profitable.
If you take a sell trade below 141.5, then use 141.5 as stoploss and 137.32 as target. However if you take a buy trade in stock , then use 141.5 as stoploss and 146.5 as target.
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 113.24 |
| Downside Target | 121.29 |
| Downside Target | 124.87 |
| Downside Target | 130.40 |
| Downside Target | 135.86 |
| Downside Target | 137.22 |
| Downside Target | 138.28 |
| Downside Target | 141.02 |
| Upside Target | 143.73 |
| Upside Target | 144.50 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 140.84 |
| Downside Intraday Target | 139.19 |
| Upside Intraday Target | 144.32 |
| Upside Intraday Target | 146.15 |
| Upside Intraday Target | 142.67 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Thu Jun 2024 | 142.49 | 142.12 | 144.50 | 141.02 | 0.668 times |
| 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 |
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 |
| 13 Thu Jun 2024 | 142.49 | 133.85 | 144.50 | 133.68 | 0.424 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 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 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 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 and the buying is gaining 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 140.69 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 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 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 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 and the buying is gaining 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 140.69 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.