(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 2024-01-19 View latest technical analysis
10 day averaged volume of Novo Nordisk is 3663480
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 106.96 | 107.19 | 107.91 | 106.50 | 0.976 times |
| 18 Thu Jan 2024 | 107.55 | 106.30 | 107.70 | 105.92 | 0.918 times |
| 17 Wed Jan 2024 | 106.68 | 106.32 | 107.11 | 105.54 | 0.733 times |
| 16 Tue Jan 2024 | 106.35 | 106.86 | 107.04 | 105.86 | 0.855 times |
| 12 Fri Jan 2024 | 107.16 | 106.94 | 107.47 | 106.72 | 0.978 times |
| 12 Fri Jan 2024 | 107.16 | 106.94 | 107.47 | 106.72 | 0.978 times |
| 11 Thu Jan 2024 | 106.69 | 108.31 | 108.69 | 105.98 | 1.371 times |
| 10 Wed Jan 2024 | 108.67 | 107.83 | 108.77 | 107.68 | 1.29 times |
| 09 Tue Jan 2024 | 106.95 | 106.13 | 106.97 | 105.72 | 1.005 times |
| 08 Mon Jan 2024 | 106.40 | 106.18 | 106.54 | 105.27 | 0.786 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 107.5 as stoploss in an intra day sell trade for a target of 105.47. However, stock will show a bullish move above 107.5.
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 |
| Downside Target | 106.72 |
| Upside Target | 107.47 |
| Upside Target | 107.91 |
| 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 | 105.7 |
| Downside Intraday Target | 104.43 |
| Upside Intraday Target | 108.07 |
| Upside Intraday Target | 109.17 |
| Downside Intraday Target | 106.8 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 106.96 | 106.86 | 107.91 | 105.54 | 3.559 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 |
| 19 Fri Jan 2024 | 106.96 | 101.71 | 108.98 | 101.71 | 0.741 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Novo Nordisk ( (NVO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Strong and stock is gaining 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 coming down
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 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 107.12 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Novo Nordisk ( (NVO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Strong and stock is gaining 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 coming down
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 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 107.12 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.