(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 2024-05-06 View latest technical analysis
10 day averaged volume of Novo Nordisk is 4698090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 124.59 | 122.00 | 124.64 | 121.78 | 0.774 times |
| 03 Fri May 2024 | 123.05 | 122.92 | 123.77 | 121.29 | 1.263 times |
| 02 Thu May 2024 | 124.02 | 127.94 | 127.94 | 123.83 | 1.806 times |
| 01 Wed May 2024 | 129.21 | 127.80 | 130.13 | 127.50 | 1.111 times |
| 30 Tue Apr 2024 | 128.31 | 128.05 | 130.46 | 127.49 | 1.669 times |
| 29 Mon Apr 2024 | 126.88 | 127.32 | 127.97 | 126.52 | 0.449 times |
| 26 Fri Apr 2024 | 126.85 | 126.15 | 127.90 | 125.99 | 0.705 times |
| 25 Thu Apr 2024 | 125.79 | 123.69 | 125.85 | 123.21 | 0.731 times |
| 24 Wed Apr 2024 | 126.16 | 127.16 | 127.32 | 125.35 | 0.669 times |
| 23 Tue Apr 2024 | 128.64 | 126.57 | 128.76 | 126.34 | 0.788 times |
My analysis of stock is bearish for shortterm, and stock might move down till 123.4 or till 121.2. Use a stoploss of 125.29 and if the stock hits stoploss, then it can shoot up till 127.14
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 101.71 |
| Downside Target | 113.24 |
| Downside Target | 116.12 |
| Downside Target | 121.29 |
| Upside Target | 124.87 |
| Upside Target | 126.05 |
| Upside Target | 127.63 |
| Upside Target | 128.76 |
| Upside Target | 130.13 |
| Upside Target | 130.46 |
| Upside Target | 138.28 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 122.7 |
| Downside Intraday Target | 120.81 |
| Upside Intraday Target | 125.56 |
| Upside Intraday Target | 126.53 |
| Downside Intraday Target | 123.67 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 124.59 | 122.00 | 124.64 | 121.78 | 0.123 times |
| 03 Fri May 2024 | 123.05 | 127.32 | 130.46 | 121.29 | 1.701 times |
| 26 Fri Apr 2024 | 126.85 | 122.59 | 128.76 | 122.57 | 1.021 times |
| 19 Fri Apr 2024 | 122.71 | 125.81 | 126.05 | 121.79 | 1.135 times |
| 12 Fri Apr 2024 | 124.51 | 127.00 | 127.63 | 123.24 | 0.751 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 |
| 06 Mon May 2024 | 124.59 | 127.80 | 130.13 | 121.29 | 0.293 times |
| 30 Tue Apr 2024 | 128.31 | 129.11 | 130.46 | 121.79 | 0.678 times |
| 28 Thu Mar 2024 | 128.40 | 122.80 | 138.28 | 122.25 | 1.106 times |
| 29 Thu Feb 2024 | 119.77 | 114.00 | 124.87 | 113.24 | 1.063 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Novo Nordisk in short term but the sell signal is initial and weak.
Novo Nordisk Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 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 126.21 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Novo Nordisk in short term but the sell signal is initial and weak.
Novo Nordisk Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 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 126.21 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.