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(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 2025-03-03 View latest technical analysis

10 day averaged volume of Novo Nordisk is 8692570

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Mar 2025	89.37	90.66	90.74	89.00	0.553 times
28 Fri Feb 2025	90.65	89.86	90.72	89.38	0.686 times
27 Thu Feb 2025	89.22	88.95	90.19	88.91	0.8 times
26 Wed Feb 2025	89.55	91.03	91.12	89.28	0.85 times
25 Tue Feb 2025	90.95	92.28	93.80	89.00	1.319 times
24 Mon Feb 2025	90.59	88.86	91.12	88.12	1.205 times
21 Fri Feb 2025	88.08	88.39	89.23	85.74	1.74 times
20 Thu Feb 2025	83.74	82.93	84.00	82.71	0.577 times
19 Wed Feb 2025	83.40	82.94	83.63	82.56	0.684 times
18 Tue Feb 2025	82.33	82.10	82.68	81.06	1.002 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 89.3, but if it comes below 89.3, then a intra day sell could be more profitable.
If you take a sell trade below 89.3, then use 89.3 as stoploss and 85.43 as target. However if you take a buy trade in stock , then use 89.3 as stoploss and 93.9 as target.

Share price targets for Novo Nordisk (NVO)

Target Type	Value
Downside Target	77.82
Downside Target	81.06
Downside Target	85.92
Downside Target	88.12
Upside Target	89.97
Upside Target	90.74
Upside Target	93.80
Upside Target	99.42
Upside Target	112.52
Upside Target	113.02

Intraday share price targets for Novo Nordisk (NVO)

Target Type	Value
Downside Intraday Target	88.67
Downside Intraday Target	87.96
Upside Intraday Target	90.41
Upside Intraday Target	91.44
Upside Intraday Target	89.7

Weekly technical analysis of Novo Nordisk (NVO)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Mar 2025	89.37	90.66	90.74	89.00	0.114 times
28 Fri Feb 2025	90.65	88.86	93.80	88.12	1.214 times
21 Fri Feb 2025	88.08	82.10	89.23	81.06	0.834 times
14 Fri Feb 2025	77.87	85.70	85.92	77.82	0.856 times
07 Fri Feb 2025	86.42	82.13	88.95	81.27	1.231 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
03 Mon Mar 2025	89.37	90.66	90.74	89.00	0.029 times
28 Fri Feb 2025	90.65	82.13	93.80	77.82	0.761 times
31 Fri Jan 2025	84.45	87.91	89.97	78.17	1.534 times
31 Tue Dec 2024	86.02	111.72	112.52	81.50	1.186 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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Novo Nordisk in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 coming down

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 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 88.08 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.