(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 2024-06-17 View latest technical analysis
10 day averaged volume of Novo Nordisk is 3825440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Mon Jun 2024 | 140.37 | 142.00 | 142.13 | 140.34 | 0.827 times |
| 14 Fri Jun 2024 | 142.50 | 142.21 | 143.18 | 141.89 | 0.74 times |
| 13 Thu Jun 2024 | 142.49 | 142.83 | 142.91 | 141.14 | 0.747 times |
| 12 Wed Jun 2024 | 143.26 | 143.52 | 144.50 | 142.00 | 0.848 times |
| 11 Tue Jun 2024 | 141.79 | 141.91 | 142.94 | 141.02 | 1.159 times |
| 10 Mon Jun 2024 | 143.63 | 142.12 | 143.94 | 141.25 | 0.955 times |
| 07 Fri Jun 2024 | 142.88 | 143.07 | 143.73 | 142.27 | 0.918 times |
| 06 Thu Jun 2024 | 142.40 | 141.19 | 142.94 | 140.89 | 1.142 times |
| 05 Wed Jun 2024 | 141.00 | 141.36 | 142.41 | 140.08 | 0.99 times |
| 04 Tue Jun 2024 | 139.92 | 136.44 | 140.00 | 135.78 | 1.326 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 142.2 as stoploss in an intra day sell trade for a target of 138.22. However, stock will show a bullish move above 142.2.
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 113.24 |
| Downside Target | 121.29 |
| Downside Target | 124.87 |
| Downside Target | 130.46 |
| Downside Target | 137.22 |
| Downside Target | 138.28 |
| Downside Target | 140.34 |
| Upside Target | 141.02 |
| Upside Target | 142.13 |
| Upside Target | 143.73 |
| Upside Target | 144.50 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 139.76 |
| Downside Intraday Target | 139.16 |
| Upside Intraday Target | 141.55 |
| Upside Intraday Target | 142.74 |
| Upside Intraday Target | 140.95 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Mon Jun 2024 | 140.37 | 142.00 | 142.13 | 140.34 | 0.186 times |
| 14 Fri Jun 2024 | 142.50 | 142.12 | 144.50 | 141.02 | 0.802 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 |
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 |
| 17 Mon Jun 2024 | 140.37 | 133.85 | 144.50 | 133.68 | 0.495 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 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 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 SELL signal for Novo Nordisk in short term but the sell signal is initial and weak.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 141.93 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 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 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 SELL signal for Novo Nordisk in short term but the sell signal is initial and weak.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 141.93 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.