(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 2024-08-26 View latest technical analysis
10 day averaged volume of Novo Nordisk is 2497600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 135.30 | 135.24 | 135.72 | 134.62 | 0.713 times |
| 23 Fri Aug 2024 | 136.97 | 136.57 | 137.15 | 135.92 | 0.846 times |
| 22 Thu Aug 2024 | 136.88 | 137.33 | 138.49 | 136.11 | 1.091 times |
| 21 Wed Aug 2024 | 134.96 | 135.35 | 135.57 | 133.38 | 0.965 times |
| 20 Tue Aug 2024 | 135.81 | 135.19 | 136.34 | 134.54 | 0.844 times |
| 19 Mon Aug 2024 | 135.25 | 135.07 | 136.13 | 134.95 | 0.673 times |
| 16 Fri Aug 2024 | 134.89 | 135.40 | 135.67 | 134.66 | 0.845 times |
| 15 Thu Aug 2024 | 137.57 | 136.61 | 137.69 | 135.55 | 1.168 times |
| 14 Wed Aug 2024 | 134.42 | 132.70 | 134.85 | 132.24 | 0.788 times |
| 13 Tue Aug 2024 | 133.57 | 131.56 | 134.25 | 131.56 | 1.339 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 136.7 as stoploss in an intra day sell trade for a target of 132.22. However, stock will show a bullish move above 136.7.
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 | 133.38 |
| Upside Target | 135.72 |
| Upside Target | 137.22 |
| Upside Target | 137.69 |
| Upside Target | 138.49 |
| Upside Target | 145.99 |
| Upside Target | 148.15 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 134.71 |
| Downside Intraday Target | 134.11 |
| Upside Intraday Target | 135.81 |
| Upside Intraday Target | 136.31 |
| Downside Intraday Target | 135.21 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 135.30 | 135.24 | 135.72 | 134.62 | 0.161 times |
| 23 Fri Aug 2024 | 136.97 | 135.07 | 138.49 | 133.38 | 0.792 times |
| 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 |
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 |
| 26 Mon Aug 2024 | 135.30 | 132.05 | 138.49 | 118.80 | 0.809 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 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 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 and the buy signal is strong.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Novo Nordisk is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 135.57 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 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 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 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 and the buy signal is strong.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Novo Nordisk is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 135.57 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.