(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 2024-10-07 View latest technical analysis
10 day averaged volume of Novo Nordisk is 5643220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 117.77 | 117.14 | 118.55 | 117.02 | 0.752 times |
| 04 Fri Oct 2024 | 115.12 | 114.24 | 115.16 | 113.79 | 1.118 times |
| 03 Thu Oct 2024 | 115.08 | 116.24 | 116.33 | 115.03 | 0.766 times |
| 02 Wed Oct 2024 | 116.48 | 116.68 | 116.79 | 115.40 | 1.056 times |
| 01 Tue Oct 2024 | 118.01 | 118.79 | 118.92 | 117.32 | 0.705 times |
| 30 Mon Sep 2024 | 119.07 | 117.59 | 119.12 | 117.49 | 1.214 times |
| 27 Fri Sep 2024 | 120.76 | 120.55 | 121.34 | 119.15 | 1.711 times |
| 26 Thu Sep 2024 | 124.30 | 125.60 | 125.62 | 123.98 | 0.774 times |
| 25 Wed Sep 2024 | 126.95 | 127.37 | 127.61 | 126.40 | 0.522 times |
| 24 Tue Sep 2024 | 125.44 | 124.32 | 126.66 | 123.77 | 0.881 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 118.7, but if it comes above 118.7, then a intra day buy could be more profitable.
If you take a sell trade below 118.7, then use 118.7 as stoploss and 109.6 as target. However if you take a buy trade in stock , then use 118.7 as stoploss and 126.24 as target.
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 113.79 |
| Downside Target | 117.02 |
| Upside Target | 126.13 |
| Upside Target | 128.40 |
| Upside Target | 133.68 |
| Upside Target | 137.89 |
| 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 | 117.01 |
| Downside Intraday Target | 116.25 |
| Upside Intraday Target | 118.54 |
| Upside Intraday Target | 119.31 |
| Upside Intraday Target | 117.78 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 117.77 | 117.14 | 118.55 | 117.02 | 0.155 times |
| 04 Fri Oct 2024 | 115.12 | 117.59 | 119.12 | 113.79 | 0.945 times |
| 27 Fri Sep 2024 | 120.76 | 124.00 | 127.61 | 119.15 | 1.416 times |
| 20 Fri Sep 2024 | 127.51 | 138.06 | 138.22 | 126.13 | 1.625 times |
| 13 Fri Sep 2024 | 137.00 | 132.03 | 137.89 | 128.40 | 1.325 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 |
| 07 Mon Oct 2024 | 117.77 | 118.79 | 118.92 | 113.79 | 0.316 times |
| 30 Mon Sep 2024 | 119.07 | 138.56 | 138.62 | 117.49 | 0.848 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 |
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 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 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 SELL. Signal strength is Strong 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 red color and prices are below the red 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 negative zone. This is the SELL 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 119.57 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 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 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 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 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 SELL. Signal strength is Strong 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 red color and prices are below the red 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 negative zone. This is the SELL 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 119.57 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.