(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 2024-09-11 View latest technical analysis
10 day averaged volume of Novo Nordisk is 2459347
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed Sep 2024 | 135.23 | 133.14 | 135.82 | 130.98 | 1.598 times |
| 10 Tue Sep 2024 | 129.78 | 129.23 | 130.12 | 128.40 | 0.914 times |
| 09 Mon Sep 2024 | 131.91 | 132.03 | 132.94 | 130.91 | 0.765 times |
| 06 Fri Sep 2024 | 131.14 | 133.76 | 134.16 | 130.57 | 1.054 times |
| 05 Thu Sep 2024 | 130.89 | 132.01 | 132.66 | 130.53 | 1.138 times |
| 04 Wed Sep 2024 | 134.53 | 134.04 | 134.91 | 133.63 | 0.736 times |
| 03 Tue Sep 2024 | 136.26 | 138.56 | 138.62 | 135.83 | 0.939 times |
| 30 Fri Aug 2024 | 139.16 | 138.21 | 139.74 | 137.85 | 1.105 times |
| 30 Fri Aug 2024 | 139.16 | 138.21 | 139.74 | 137.85 | 1.105 times |
| 29 Thu Aug 2024 | 137.52 | 136.47 | 137.88 | 135.74 | 1.12 times |
My analysis of stock is bullish for shortterm, and stock might move up till 137.7 or till 140.7. Use a stoploss of 135.14 and if this stock hits its stoploss, then it can fall down till 132.63
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 118.80 |
| Downside Target | 121.29 |
| Downside Target | 126.35 |
| Downside Target | 133.38 |
| Upside Target | 138.49 |
| Upside Target | 138.62 |
| Upside Target | 139.74 |
| Upside Target | 145.99 |
| Upside Target | 148.15 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 130.48 |
| Downside Intraday Target | 125.73 |
| Upside Intraday Target | 137.9 |
| Upside Intraday Target | 140.57 |
| Downside Intraday Target | 133.15 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed Sep 2024 | 135.23 | 132.03 | 135.82 | 128.40 | 0.847 times |
| 06 Fri Sep 2024 | 131.14 | 138.56 | 138.62 | 130.53 | 3.498 times |
| 30 Fri Aug 2024 | 139.16 | 138.21 | 139.74 | 137.85 | 0.224 times |
| 30 Fri Aug 2024 | 139.16 | 135.24 | 139.74 | 133.77 | 1.101 times |
| 23 Fri Aug 2024 | 136.97 | 135.07 | 138.49 | 133.38 | 0.792 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 |
| 11 Wed Sep 2024 | 135.23 | 138.56 | 138.62 | 128.40 | 0.19 times |
| 30 Fri Aug 2024 | 139.16 | 132.05 | 139.74 | 118.80 | 0.942 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Novo Nordisk ( (NVO) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Novo Nordisk in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Novo Nordisk in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 134.75 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Novo Nordisk ( (NVO) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Novo Nordisk in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Novo Nordisk in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 134.75 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.