(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 2024-01-17 View latest technical analysis
10 day averaged volume of Novo Nordisk is 4378160
Date | Daily Closing Price | Open | High | Low | Volume |
17 Wed Jan 2024 | 106.68 | 106.32 | 107.11 | 105.54 | 0.613 times |
16 Tue Jan 2024 | 106.35 | 106.86 | 107.04 | 105.86 | 0.715 times |
12 Fri Jan 2024 | 107.16 | 106.94 | 107.47 | 106.72 | 0.819 times |
12 Fri Jan 2024 | 107.16 | 106.94 | 107.47 | 106.72 | 0.819 times |
11 Thu Jan 2024 | 106.69 | 108.31 | 108.69 | 105.98 | 1.147 times |
10 Wed Jan 2024 | 108.67 | 107.83 | 108.77 | 107.68 | 1.079 times |
09 Tue Jan 2024 | 106.95 | 106.13 | 106.97 | 105.72 | 0.841 times |
08 Mon Jan 2024 | 106.40 | 106.18 | 106.54 | 105.27 | 0.658 times |
05 Fri Jan 2024 | 105.98 | 106.56 | 107.19 | 105.72 | 0.908 times |
04 Thu Jan 2024 | 107.63 | 105.11 | 108.98 | 105.03 | 2.086 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 107.1 as stoploss in an intra day sell trade for a target of 104.98. However, stock will show a bullish move above 107.1.
Share price targets for Novo Nordisk (NVO)
Target Type | Value |
Downside Target | 86.96 |
Downside Target | 90.40 |
Downside Target | 94.73 |
Downside Target | 101.71 |
Downside Target | 105.69 |
Upside Target | 106.72 |
Upside Target | 107.11 |
Upside Target | 107.47 |
Upside Target | 108.77 |
Upside Target | 108.98 |
Upside Target | 201.76 |
Intraday share price targets for Novo Nordisk (NVO)
Target Type | Value |
Downside Intraday Target | 105.78 |
Downside Intraday Target | 104.87 |
Upside Intraday Target | 107.35 |
Upside Intraday Target | 108.01 |
Downside Intraday Target | 106.44 |
Weekly technical analysis of Novo Nordisk (NVO)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Wed Jan 2024 | 106.68 | 106.86 | 107.11 | 105.54 | 1.623 times |
12 Fri Jan 2024 | 107.16 | 106.94 | 107.47 | 106.72 | 0.18 times |
12 Fri Jan 2024 | 107.16 | 106.18 | 108.77 | 105.27 | 1.004 times |
05 Fri Jan 2024 | 105.98 | 101.71 | 108.98 | 101.71 | 9.636 times |
29 Fri Dec 2023 | 103.45 | 103.55 | 103.68 | 102.73 | 0.241 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Novo Nordisk (NVO)
Date | Monthly Closing Price | Open | High | Low | Volume |
17 Wed Jan 2024 | 106.68 | 101.71 | 108.98 | 101.71 | 0.649 times |
29 Fri Dec 2023 | 103.45 | 101.10 | 104.99 | 94.73 | 0.758 times |
30 Thu Nov 2023 | 101.84 | 97.41 | 105.69 | 96.00 | 0.83 times |
31 Tue Oct 2023 | 96.57 | 90.17 | 104.00 | 86.96 | 1.877 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 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 BUY signal for Novo Nordisk in short term and the buy signal is strong.
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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 107.1 and Novo Nordisk (NVO) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 BUY signal for Novo Nordisk in short term and the buy signal is strong.
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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 107.1 and Novo Nordisk (NVO) stock is trading below this level. This means that stock is falling with high volumes. 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.