(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 2024-09-17 View latest technical analysis
10 day averaged volume of Novo Nordisk is 2388917
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 132.00 | 133.60 | 135.16 | 131.80 | 1.472 times |
| 16 Mon Sep 2024 | 136.90 | 138.06 | 138.22 | 136.77 | 0.744 times |
| 13 Fri Sep 2024 | 137.00 | 136.86 | 137.89 | 136.37 | 0.994 times |
| 12 Thu Sep 2024 | 136.66 | 135.24 | 136.97 | 134.65 | 0.909 times |
| 11 Wed Sep 2024 | 135.23 | 133.14 | 135.82 | 130.98 | 1.645 times |
| 10 Tue Sep 2024 | 129.78 | 129.23 | 130.12 | 128.40 | 0.94 times |
| 09 Mon Sep 2024 | 131.91 | 132.03 | 132.94 | 130.91 | 0.787 times |
| 06 Fri Sep 2024 | 131.14 | 133.76 | 134.16 | 130.57 | 1.085 times |
| 05 Thu Sep 2024 | 130.89 | 132.01 | 132.66 | 130.53 | 1.171 times |
| 04 Wed Sep 2024 | 134.53 | 134.04 | 134.91 | 133.63 | 0.758 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 132.5, but if it comes above 132.5, then a intra day buy could be more profitable.
If you take a sell trade below 132.5, then use 132.5 as stoploss and 129.3 as target. However if you take a buy trade in stock , then use 132.5 as stoploss and 135.1 as target.
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 118.80 |
| Downside Target | 121.29 |
| Downside Target | 126.35 |
| Upside Target | 137.22 |
| Upside Target | 138.22 |
| 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 | 129.79 |
| Downside Intraday Target | 127.59 |
| Upside Intraday Target | 136.21 |
| Upside Intraday Target | 140.43 |
| Upside Intraday Target | 134.01 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 132.00 | 138.06 | 138.22 | 131.80 | 0.42 times |
| 13 Fri Sep 2024 | 137.00 | 132.03 | 137.89 | 128.40 | 1.325 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 |
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 |
| 17 Tue Sep 2024 | 132.00 | 138.56 | 138.62 | 128.40 | 0.296 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 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Novo Nordisk ( (NVO) ) based on a mid to longer 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.
ADX buy sell signal for Novo Nordisk stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Novo Nordisk in short term but the sell signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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
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 133.49 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 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 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Novo Nordisk ( (NVO) ) based on a mid to longer 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.
ADX buy sell signal for Novo Nordisk stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Novo Nordisk in short term but the sell signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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
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 133.49 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.