(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 2024-08-16 View latest technical analysis
10 day averaged volume of Novo Nordisk is 6080908
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 134.89 | 135.40 | 135.67 | 134.66 | 0.347 times |
| 15 Thu Aug 2024 | 137.57 | 136.61 | 137.69 | 135.55 | 0.48 times |
| 14 Wed Aug 2024 | 134.42 | 132.70 | 134.85 | 132.24 | 0.324 times |
| 13 Tue Aug 2024 | 133.57 | 131.56 | 134.25 | 131.56 | 0.55 times |
| 12 Mon Aug 2024 | 129.89 | 131.57 | 132.03 | 129.55 | 0.592 times |
| 09 Fri Aug 2024 | 133.47 | 130.44 | 134.58 | 130.21 | 1.174 times |
| 08 Thu Aug 2024 | 128.17 | 125.89 | 128.34 | 123.21 | 1.691 times |
| 07 Wed Aug 2024 | 119.23 | 122.69 | 123.62 | 118.80 | 2.286 times |
| 06 Tue Aug 2024 | 130.12 | 128.75 | 131.27 | 128.28 | 1.15 times |
| 05 Mon Aug 2024 | 126.00 | 123.89 | 127.42 | 122.73 | 0.968 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 134.5, but if it comes below 134.5, then a intra day sell could be more profitable.
If you take a sell trade below 134.5, then use 134.5 as stoploss and 130.49 as target. However if you take a buy trade in stock , then use 134.5 as stoploss and 139.3 as target.
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 118.80 |
| Downside Target | 121.29 |
| Downside Target | 126.35 |
| Downside Target | 129.55 |
| Downside Target | 133.68 |
| Downside Target | 134.67 |
| Upside Target | 137.22 |
| Upside Target | 137.69 |
| Upside Target | 143.49 |
| Upside Target | 145.99 |
| Upside Target | 148.15 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 130.4 |
| Downside Intraday Target | 125.9 |
| Upside Intraday Target | 138.54 |
| Upside Intraday Target | 142.18 |
| Downside Intraday Target | 134.04 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 134.89 | 131.57 | 137.69 | 129.55 | 0.315 times |
| 09 Fri Aug 2024 | 133.47 | 123.89 | 134.58 | 118.80 | 2.266 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 |
Price has moved up 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 |
| 16 Fri Aug 2024 | 134.89 | 132.05 | 137.69 | 118.80 | 0.678 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Novo Nordisk stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Novo Nordisk in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red 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 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 128.04 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Novo Nordisk stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Novo Nordisk in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red 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 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 128.04 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.