(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 2024-09-19 View latest technical analysis
10 day averaged volume of Novo Nordisk is 2614005
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 134.88 | 134.66 | 135.20 | 133.63 | 1.015 times |
| 18 Wed Sep 2024 | 132.06 | 132.83 | 133.27 | 131.30 | 1.092 times |
| 17 Tue Sep 2024 | 132.00 | 133.60 | 135.16 | 131.80 | 1.345 times |
| 16 Mon Sep 2024 | 136.90 | 138.06 | 138.22 | 136.77 | 0.68 times |
| 13 Fri Sep 2024 | 137.00 | 136.86 | 137.89 | 136.37 | 0.909 times |
| 12 Thu Sep 2024 | 136.66 | 135.24 | 136.97 | 134.65 | 0.83 times |
| 11 Wed Sep 2024 | 135.23 | 133.14 | 135.82 | 130.98 | 1.504 times |
| 10 Tue Sep 2024 | 129.78 | 129.23 | 130.12 | 128.40 | 0.859 times |
| 09 Mon Sep 2024 | 131.91 | 132.03 | 132.94 | 130.91 | 0.72 times |
| 06 Fri Sep 2024 | 131.14 | 133.76 | 134.16 | 130.57 | 0.992 times |
My analysis of stock is bullish for shortterm, and stock might move up till 137.5 or till 140.7. Use a stoploss of 134.85 and if this stock hits its stoploss, then it can fall down till 132.17
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 | 131.38 |
| Downside Intraday Target | 127.88 |
| Upside Intraday Target | 138.3 |
| Upside Intraday Target | 141.72 |
| Downside Intraday Target | 134.8 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 134.88 | 138.06 | 138.22 | 131.30 | 0.857 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 |
| 19 Thu Sep 2024 | 134.88 | 138.56 | 138.62 | 128.40 | 0.356 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 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 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 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 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 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 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 and BUY 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 133.69 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 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 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 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 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 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 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 and BUY 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 133.69 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.