(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 2024-08-05 View latest technical analysis
10 day averaged volume of Novo Nordisk is 3572848
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 126.00 | 123.89 | 127.42 | 122.73 | 1.648 times |
| 02 Fri Aug 2024 | 127.49 | 129.78 | 130.13 | 126.85 | 1.336 times |
| 01 Thu Aug 2024 | 132.46 | 132.05 | 134.34 | 131.10 | 1.027 times |
| 31 Wed Jul 2024 | 132.63 | 132.75 | 132.89 | 131.64 | 1.002 times |
| 30 Tue Jul 2024 | 129.23 | 131.10 | 131.67 | 127.59 | 1.228 times |
| 29 Mon Jul 2024 | 128.05 | 128.01 | 129.53 | 127.38 | 0.866 times |
| 26 Fri Jul 2024 | 126.73 | 126.86 | 128.26 | 126.36 | 0.89 times |
| 25 Thu Jul 2024 | 127.86 | 129.10 | 129.98 | 126.35 | 1.491 times |
| 24 Wed Jul 2024 | 131.60 | 132.50 | 132.90 | 130.92 | 0.741 times |
| 23 Tue Jul 2024 | 133.28 | 133.56 | 134.67 | 133.02 | 0.667 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 128.1, but if it comes above 128.1, then a intra day buy could be more profitable.
If you take a sell trade below 128.1, then use 128.1 as stoploss and 121.5 as target. However if you take a buy trade in stock , then use 128.1 as stoploss and 133.64 as target.
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 121.29 |
| Upside Target | 126.35 |
| Upside Target | 130.46 |
| Upside Target | 133.68 |
| Upside Target | 134.34 |
| Upside Target | 134.67 |
| Upside Target | 137.22 |
| Upside Target | 138.80 |
| 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 | 123.35 |
| Downside Intraday Target | 120.69 |
| Upside Intraday Target | 128.04 |
| Upside Intraday Target | 130.07 |
| Downside Intraday Target | 125.38 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 126.00 | 123.89 | 127.42 | 122.73 | 0.302 times |
| 02 Fri Aug 2024 | 127.49 | 128.01 | 134.34 | 126.85 | 1.202 times |
| 26 Fri Jul 2024 | 126.73 | 132.00 | 134.67 | 126.35 | 0.648 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 |
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 |
| 05 Mon Aug 2024 | 126.00 | 132.05 | 134.34 | 122.73 | 0.146 times |
| 31 Wed Jul 2024 | 132.63 | 143.59 | 145.99 | 126.35 | 1.364 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 |
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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but selling is losing 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 129.07 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but selling is losing 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 129.07 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.