(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 2024-02-26 View latest technical analysis
10 day averaged volume of Novo Nordisk is 4757150
Date | Daily Closing Price | Open | High | Low | Volume |
26 Mon Feb 2024 | 123.49 | 123.20 | 124.17 | 122.79 | 0.936 times |
23 Fri Feb 2024 | 123.45 | 123.67 | 124.17 | 122.91 | 0.79 times |
22 Thu Feb 2024 | 124.52 | 123.07 | 124.87 | 123.01 | 0.755 times |
21 Wed Feb 2024 | 120.93 | 119.00 | 120.99 | 118.30 | 0.867 times |
20 Tue Feb 2024 | 121.45 | 124.62 | 124.76 | 120.72 | 1.066 times |
16 Fri Feb 2024 | 124.01 | 121.83 | 124.64 | 121.55 | 1.389 times |
15 Thu Feb 2024 | 121.75 | 122.78 | 123.15 | 121.09 | 1.001 times |
14 Wed Feb 2024 | 123.29 | 120.51 | 123.34 | 120.38 | 1.194 times |
13 Tue Feb 2024 | 119.99 | 119.65 | 120.55 | 119.43 | 0.88 times |
12 Mon Feb 2024 | 120.53 | 120.42 | 120.85 | 119.29 | 0.945 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 123.5 as stoploss in an intra day sell trade for a target of 118.99. However, stock will show a bullish move above 123.5.
Share price targets for Novo Nordisk (NVO)
Target Type | Value |
Downside Target | 86.96 |
Downside Target | 94.73 |
Downside Target | 101.71 |
Downside Target | 104.00 |
Downside Target | 113.24 |
Downside Target | 116.12 |
Downside Target | 119.29 |
Downside Target | 121.65 |
Downside Target | 122.79 |
Upside Target | 124.17 |
Upside Target | 124.64 |
Upside Target | 124.87 |
Intraday share price targets for Novo Nordisk (NVO)
Target Type | Value |
Downside Intraday Target | 122.8 |
Downside Intraday Target | 122.1 |
Upside Intraday Target | 124.18 |
Upside Intraday Target | 124.86 |
Downside Intraday Target | 123.48 |
Weekly technical analysis of Novo Nordisk (NVO)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Mon Feb 2024 | 123.49 | 123.20 | 124.17 | 122.79 | 0.269 times |
23 Fri Feb 2024 | 123.45 | 124.62 | 124.87 | 118.30 | 0.643 times |
16 Fri Feb 2024 | 124.01 | 120.42 | 124.64 | 119.29 | 0.829 times |
09 Fri Feb 2024 | 121.20 | 116.39 | 121.65 | 116.27 | 0.921 times |
02 Fri Feb 2024 | 113.70 | 108.13 | 116.12 | 107.70 | 1.538 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 |
26 Mon Feb 2024 | 123.49 | 114.00 | 124.87 | 113.24 | 0.9 times |
31 Wed Jan 2024 | 114.74 | 101.71 | 116.12 | 101.71 | 1.318 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 |
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 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 Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 SELL signal for Novo Nordisk in short term but SELL 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
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 122.39 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 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 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 Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 SELL signal for Novo Nordisk in short term but SELL 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
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 122.39 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.