(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 2024-05-08 View latest technical analysis
10 day averaged volume of Novo Nordisk is 4728290
Date | Daily Closing Price | Open | High | Low | Volume |
08 Wed May 2024 | 126.69 | 127.51 | 128.43 | 126.62 | 0.859 times |
07 Tue May 2024 | 127.29 | 126.65 | 127.80 | 126.38 | 0.881 times |
06 Mon May 2024 | 124.59 | 122.00 | 124.64 | 121.78 | 0.769 times |
03 Fri May 2024 | 123.05 | 122.92 | 123.77 | 121.29 | 1.255 times |
02 Thu May 2024 | 124.02 | 127.94 | 127.94 | 123.83 | 1.795 times |
01 Wed May 2024 | 129.21 | 127.80 | 130.13 | 127.50 | 1.103 times |
30 Tue Apr 2024 | 128.31 | 128.05 | 130.46 | 127.49 | 1.658 times |
29 Mon Apr 2024 | 126.88 | 127.32 | 127.97 | 126.52 | 0.446 times |
26 Fri Apr 2024 | 126.85 | 126.15 | 127.90 | 125.99 | 0.701 times |
25 Thu Apr 2024 | 125.79 | 123.69 | 125.85 | 123.21 | 0.726 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 127.4 as stoploss in an intra day sell trade for a target of 125.5. However, stock will show a bullish move above 127.4.
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 |
Downside Target | 126.05 |
Upside Target | 127.63 |
Upside Target | 128.43 |
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 | 122.84 |
Downside Intraday Target | 118.98 |
Upside Intraday Target | 129.49 |
Upside Intraday Target | 132.28 |
Downside Intraday Target | 125.63 |
Weekly technical analysis of Novo Nordisk (NVO)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Wed May 2024 | 126.69 | 122.00 | 128.43 | 121.78 | 0.401 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 |
08 Wed May 2024 | 126.69 | 127.80 | 130.13 | 121.29 | 0.397 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 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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Novo Nordisk in short term but the sell signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 126.16 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 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 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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Novo Nordisk in short term but the sell signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 126.16 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.