(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 2024-07-25 View latest technical analysis
10 day averaged volume of Novo Nordisk is 3947399
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Jul 2024 | 127.86 | 129.10 | 129.98 | 126.35 | 1.349 times |
| 24 Wed Jul 2024 | 131.60 | 132.50 | 132.90 | 130.92 | 0.671 times |
| 23 Tue Jul 2024 | 133.28 | 133.56 | 134.67 | 133.02 | 0.604 times |
| 22 Mon Jul 2024 | 133.18 | 132.00 | 133.26 | 131.85 | 0.681 times |
| 19 Fri Jul 2024 | 131.54 | 132.61 | 133.50 | 131.30 | 1.094 times |
| 18 Thu Jul 2024 | 129.99 | 134.94 | 134.97 | 126.83 | 2.472 times |
| 17 Wed Jul 2024 | 135.42 | 136.41 | 136.62 | 134.43 | 1.598 times |
| 16 Tue Jul 2024 | 140.87 | 142.00 | 142.23 | 140.61 | 0.563 times |
| 15 Mon Jul 2024 | 141.39 | 143.25 | 143.49 | 141.07 | 0.617 times |
| 12 Fri Jul 2024 | 142.08 | 141.75 | 143.49 | 141.63 | 0.729 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 127, for a target of 133.1 or 138.22
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 121.29 |
| Downside Target | 126.35 |
| Upside Target | 130.46 |
| Upside Target | 133.68 |
| Upside Target | 138.28 |
| Upside Target | 138.80 |
| Upside Target | 142.86 |
| Upside Target | 143.49 |
| Upside Target | 143.69 |
| Upside Target | 145.99 |
| Upside Target | 148.15 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 124.58 |
| Downside Intraday Target | 121.31 |
| Upside Intraday Target | 132.9 |
| Upside Intraday Target | 137.95 |
| Upside Intraday Target | 129.63 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Jul 2024 | 127.86 | 132.00 | 134.67 | 126.35 | 0.521 times |
| 19 Fri Jul 2024 | 131.54 | 143.25 | 143.49 | 126.83 | 1.451 times |
| 12 Fri Jul 2024 | 142.08 | 142.28 | 143.69 | 138.80 | 1.552 times |
| 05 Fri Jul 2024 | 142.37 | 141.34 | 142.86 | 136.01 | 0.636 times |
| 03 Wed Jul 2024 | 138.87 | 143.59 | 145.99 | 136.01 | 0.917 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 |
| 25 Thu Jul 2024 | 127.86 | 143.59 | 145.99 | 126.35 | 1.166 times |
| 28 Fri Jun 2024 | 142.74 | 133.85 | 148.15 | 133.68 | 0.861 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Novo Nordisk stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Novo Nordisk in short term and the sell signal is strong.
Novo Nordisk Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 133.33 and Novo Nordisk (NVO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Novo Nordisk stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Novo Nordisk in short term and the sell signal is strong.
Novo Nordisk Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 133.33 and Novo Nordisk (NVO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.