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(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 2025-03-05 View latest technical analysis

10 day averaged volume of Novo Nordisk is 7834170

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Mar 2025	90.86	91.50	91.90	90.29	1.016 times
04 Tue Mar 2025	87.50	88.30	88.65	86.33	0.663 times
03 Mon Mar 2025	89.37	90.66	90.74	89.00	0.614 times
28 Fri Feb 2025	90.65	89.86	90.72	89.38	0.761 times
27 Thu Feb 2025	89.22	88.95	90.19	88.91	0.888 times
26 Wed Feb 2025	89.55	91.03	91.12	89.28	0.943 times
25 Tue Feb 2025	90.95	92.28	93.80	89.00	1.464 times
24 Mon Feb 2025	90.59	88.86	91.12	88.12	1.337 times
21 Fri Feb 2025	88.08	88.39	89.23	85.74	1.931 times
20 Thu Feb 2025	83.74	82.93	84.00	82.71	0.64 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 90, but if it comes below 90, then a intra day sell could be more profitable.
If you take a sell trade below 90, then use 90 as stoploss and 86.09 as target. However if you take a buy trade in stock , then use 90 as stoploss and 94.7 as target.

Share price targets for Novo Nordisk (NVO)

Target Type	Value
Downside Target	77.82
Downside Target	81.06
Downside Target	85.92
Downside Target	88.12
Downside Target	89.97
Upside Target	91.90
Upside Target	93.80
Upside Target	99.42
Upside Target	112.52
Upside Target	113.02

Intraday share price targets for Novo Nordisk (NVO)

Target Type	Value
Downside Intraday Target	87.49
Downside Intraday Target	84.13
Upside Intraday Target	93.06
Upside Intraday Target	95.27
Downside Intraday Target	89.7

Weekly technical analysis of Novo Nordisk (NVO)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Mar 2025	90.86	90.66	91.90	86.33	0.425 times
28 Fri Feb 2025	90.65	88.86	93.80	88.12	1.214 times
21 Fri Feb 2025	88.08	82.10	89.23	81.06	0.834 times
14 Fri Feb 2025	77.87	85.70	85.92	77.82	0.856 times
07 Fri Feb 2025	86.42	82.13	88.95	81.27	1.231 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
05 Wed Mar 2025	90.86	90.66	91.90	86.33	0.107 times
28 Fri Feb 2025	90.65	82.13	93.80	77.82	0.761 times
31 Fri Jan 2025	84.45	87.91	89.97	78.17	1.534 times
31 Tue Dec 2024	86.02	111.72	112.52	81.50	1.186 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Novo Nordisk stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 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 BUY signal in short term and the buying is gaining 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 89.29 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.