(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 2024-09-04 View latest technical analysis
10 day averaged volume of Novo Nordisk is 2441830
Date | Daily Closing Price | Open | High | Low | Volume |
04 Wed Sep 2024 | 134.53 | 134.04 | 134.91 | 133.63 | 0.741 times |
03 Tue Sep 2024 | 136.26 | 138.56 | 138.62 | 135.83 | 0.946 times |
30 Fri Aug 2024 | 139.16 | 138.21 | 139.74 | 137.85 | 1.113 times |
30 Fri Aug 2024 | 139.16 | 138.21 | 139.74 | 137.85 | 1.113 times |
29 Thu Aug 2024 | 137.52 | 136.47 | 137.88 | 135.74 | 1.128 times |
28 Wed Aug 2024 | 134.48 | 134.66 | 135.17 | 134.10 | 1.133 times |
27 Tue Aug 2024 | 135.18 | 133.91 | 135.50 | 133.77 | 0.87 times |
26 Mon Aug 2024 | 135.30 | 135.24 | 135.72 | 134.62 | 0.729 times |
23 Fri Aug 2024 | 136.97 | 136.57 | 137.15 | 135.92 | 0.865 times |
22 Thu Aug 2024 | 136.88 | 137.33 | 138.49 | 136.11 | 1.115 times |
My analysis of stock is bearish for shortterm, and stock might move down till 132.6 or till 129.5. Use a stoploss of 135.17 and if the stock hits stoploss, then it can shoot up till 137.77
Share price targets for Novo Nordisk (NVO)
Target Type | Value |
Downside Target | 118.80 |
Downside Target | 121.29 |
Downside Target | 126.35 |
Downside Target | 129.55 |
Downside Target | 133.38 |
Upside Target | 137.22 |
Upside Target | 138.62 |
Upside Target | 139.74 |
Upside Target | 145.99 |
Upside Target | 148.15 |
Intraday share price targets for Novo Nordisk (NVO)
Target Type | Value |
Downside Intraday Target | 132.57 |
Downside Intraday Target | 130.6 |
Upside Intraday Target | 137.56 |
Upside Intraday Target | 140.58 |
Upside Intraday Target | 135.59 |
Weekly technical analysis of Novo Nordisk (NVO)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Wed Sep 2024 | 134.53 | 138.56 | 138.62 | 133.63 | 1.516 times |
30 Fri Aug 2024 | 139.16 | 138.21 | 139.74 | 137.85 | 0.224 times |
30 Fri Aug 2024 | 139.16 | 135.24 | 139.74 | 133.77 | 1.101 times |
23 Fri Aug 2024 | 136.97 | 135.07 | 138.49 | 133.38 | 0.792 times |
16 Fri Aug 2024 | 134.89 | 131.57 | 137.69 | 129.55 | 0.315 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 |
04 Wed Sep 2024 | 134.53 | 138.56 | 138.62 | 133.63 | 0.045 times |
30 Fri Aug 2024 | 139.16 | 132.05 | 139.74 | 118.80 | 0.942 times |
31 Wed Jul 2024 | 132.63 | 143.59 | 145.99 | 126.35 | 1.364 times |
28 Fri Jun 2024 | 142.74 | 133.85 | 148.15 | 133.68 | 0.861 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 SELL signal for Novo Nordisk in short term and SELL signal is strong!
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 136.7 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 has given negative 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 SELL signal for Novo Nordisk in short term and SELL signal is strong!
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 136.7 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 has given negative 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.