(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.
10 day averaged volume of Novo Nordisk is 3205960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 125.26 | 122.59 | 126.25 | 122.57 | 1.185 times |
| 19 Fri Apr 2024 | 122.71 | 123.48 | 124.54 | 122.46 | 1.617 times |
| 18 Thu Apr 2024 | 122.75 | 123.30 | 124.10 | 122.51 | 0.886 times |
| 17 Wed Apr 2024 | 124.53 | 124.95 | 125.21 | 123.26 | 0.959 times |
| 16 Tue Apr 2024 | 123.45 | 123.07 | 124.25 | 121.79 | 0.95 times |
| 15 Mon Apr 2024 | 123.90 | 125.81 | 126.05 | 123.52 | 0.904 times |
| 12 Fri Apr 2024 | 124.51 | 126.74 | 127.06 | 124.35 | 1.043 times |
| 11 Thu Apr 2024 | 125.40 | 125.48 | 125.88 | 124.13 | 0.755 times |
| 10 Wed Apr 2024 | 124.93 | 123.39 | 125.26 | 123.24 | 0.944 times |
| 09 Tue Apr 2024 | 124.86 | 126.18 | 126.74 | 124.22 | 1.003 times |
My analysis of stock is bearish for shortterm, and stock might move down till 123.8 or till 121.4. Use a stoploss of 125.77 and if the stock hits stoploss, then it can shoot up till 127.77
Share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Target | 94.73 |
| Downside Target | 101.71 |
| Downside Target | 104.99 |
| Downside Target | 113.24 |
| Downside Target | 116.12 |
| Downside Target | 121.79 |
| Upside Target | 126.25 |
| Upside Target | 127.29 |
| Upside Target | 127.63 |
| Upside Target | 129.11 |
| Upside Target | 130.25 |
| Upside Target | 138.28 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 123.14 |
| Downside Intraday Target | 121.01 |
| Upside Intraday Target | 126.82 |
| Upside Intraday Target | 128.37 |
| Downside Intraday Target | 124.69 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 125.26 | 122.59 | 126.25 | 122.57 | 0.223 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 |
| 05 Fri Apr 2024 | 125.86 | 129.11 | 129.11 | 123.77 | 1.322 times |
| 28 Thu Mar 2024 | 128.40 | 129.00 | 130.25 | 127.29 | 0.673 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 |
| 22 Mon Apr 2024 | 125.26 | 129.11 | 129.11 | 121.79 | 0.477 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 |
| 31 Wed Jan 2024 | 114.74 | 101.71 | 116.12 | 101.71 | 1.318 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Novo Nordisk in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 124.15 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 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Novo Nordisk in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 124.15 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 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.