(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 2024-04-01 View latest technical analysis
10 day averaged volume of Novo Nordisk is 4139010
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 127.55 | 129.11 | 129.11 | 127.15 | 0.741 times |
| 28 Thu Mar 2024 | 128.40 | 128.39 | 130.16 | 127.79 | 0.883 times |
| 27 Wed Mar 2024 | 128.05 | 128.33 | 128.62 | 127.29 | 0.952 times |
| 26 Tue Mar 2024 | 129.41 | 130.10 | 130.16 | 128.44 | 1.019 times |
| 25 Mon Mar 2024 | 129.05 | 129.00 | 130.25 | 128.71 | 0.802 times |
| 22 Fri Mar 2024 | 128.76 | 129.22 | 129.49 | 128.11 | 0.78 times |
| 21 Thu Mar 2024 | 129.83 | 129.00 | 131.07 | 127.11 | 1.582 times |
| 20 Wed Mar 2024 | 130.36 | 131.15 | 131.43 | 128.83 | 1.064 times |
| 19 Tue Mar 2024 | 131.37 | 132.04 | 132.21 | 130.51 | 1.061 times |
| 18 Mon Mar 2024 | 132.89 | 131.57 | 133.75 | 131.07 | 0.942 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 127.3 as stoploss in an intra day buy trade for a target of 130.44. However, stock will show a bearish move below 127.3.
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 | 122.25 |
| Upside Target | 129.11 |
| Upside Target | 130.25 |
| Upside Target | 130.75 |
| Upside Target | 133.75 |
| Upside Target | 135.92 |
| Upside Target | 138.28 |
Intraday share price targets for Novo Nordisk (NVO)
| Target Type | Value |
| Downside Intraday Target | 126.76 |
| Downside Intraday Target | 125.98 |
| Upside Intraday Target | 128.72 |
| Upside Intraday Target | 129.9 |
| Upside Intraday Target | 127.94 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 127.55 | 129.11 | 129.11 | 127.15 | 0.203 times |
| 28 Thu Mar 2024 | 128.40 | 129.00 | 130.25 | 127.29 | 0.673 times |
| 22 Fri Mar 2024 | 128.76 | 131.57 | 133.75 | 127.11 | 0.858 times |
| 15 Fri Mar 2024 | 132.37 | 133.37 | 135.92 | 130.75 | 0.547 times |
| 08 Fri Mar 2024 | 133.07 | 127.33 | 138.28 | 123.36 | 1.836 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 |
| 01 Mon Apr 2024 | 127.55 | 129.11 | 129.11 | 127.15 | 0.026 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Novo Nordisk in short term but the sell signal is initial and weak.
Novo Nordisk Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 129.68 and Novo Nordisk (NVO) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Novo Nordisk in short term but the sell signal is initial and weak.
Novo Nordisk Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 129.68 and Novo Nordisk (NVO) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.