(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 2024-06-14 View latest technical analysis
10 day averaged volume of Novo Nordisk is 3886910
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 142.50 | 142.21 | 143.18 | 141.89 | 0.728 times |
| 13 Thu Jun 2024 | 142.49 | 142.83 | 142.91 | 141.14 | 0.735 times |
| 12 Wed Jun 2024 | 143.26 | 143.52 | 144.50 | 142.00 | 0.834 times |
| 11 Tue Jun 2024 | 141.79 | 141.91 | 142.94 | 141.02 | 1.141 times |
| 10 Mon Jun 2024 | 143.63 | 142.12 | 143.94 | 141.25 | 0.94 times |
| 07 Fri Jun 2024 | 142.88 | 143.07 | 143.73 | 142.27 | 0.903 times |
| 06 Thu Jun 2024 | 142.40 | 141.19 | 142.94 | 140.89 | 1.124 times |
| 05 Wed Jun 2024 | 141.00 | 141.36 | 142.41 | 140.08 | 0.974 times |
| 04 Tue Jun 2024 | 139.92 | 136.44 | 140.00 | 135.78 | 1.305 times |
| 03 Mon Jun 2024 | 135.62 | 133.85 | 136.69 | 133.68 | 1.157 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 142, but if it comes below 142, then a intra day sell could be more profitable.
If you take a sell trade below 142, then use 142 as stoploss and 137.8 as target. However if you take a buy trade in stock , then use 142 as stoploss and 147 as target.
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 113.24 |
| Downside Target | 121.29 |
| Downside Target | 124.87 |
| Downside Target | 130.40 |
| Downside Target | 135.86 |
| Downside Target | 137.22 |
| Downside Target | 138.28 |
| Downside Target | 141.02 |
| Upside Target | 143.73 |
| Upside Target | 144.50 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 140.85 |
| Downside Intraday Target | 139.19 |
| Upside Intraday Target | 144.33 |
| Upside Intraday Target | 146.15 |
| Upside Intraday Target | 142.67 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 142.50 | 142.12 | 144.50 | 141.02 | 0.802 times |
| 07 Fri Jun 2024 | 142.88 | 133.85 | 143.73 | 133.68 | 1.696 times |
| 31 Fri May 2024 | 135.28 | 134.45 | 135.86 | 132.06 | 0.789 times |
| 24 Fri May 2024 | 136.04 | 131.45 | 137.22 | 131.00 | 0.869 times |
| 17 Fri May 2024 | 131.89 | 131.47 | 134.79 | 130.40 | 1.054 times |
Price has moved down 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 |
| 14 Fri Jun 2024 | 142.50 | 133.85 | 144.50 | 133.68 | 0.458 times |
| 31 Fri May 2024 | 135.28 | 127.80 | 137.22 | 121.29 | 1.053 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 |
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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 141.31 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 141.31 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.