(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 3284090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 128.64 | 126.57 | 128.76 | 126.34 | 1.128 times |
| 22 Mon Apr 2024 | 125.26 | 122.59 | 126.25 | 122.57 | 1.157 times |
| 19 Fri Apr 2024 | 122.71 | 123.48 | 124.54 | 122.46 | 1.578 times |
| 18 Thu Apr 2024 | 122.75 | 123.30 | 124.10 | 122.51 | 0.865 times |
| 17 Wed Apr 2024 | 124.53 | 124.95 | 125.21 | 123.26 | 0.936 times |
| 16 Tue Apr 2024 | 123.45 | 123.07 | 124.25 | 121.79 | 0.927 times |
| 15 Mon Apr 2024 | 123.90 | 125.81 | 126.05 | 123.52 | 0.882 times |
| 12 Fri Apr 2024 | 124.51 | 126.74 | 127.06 | 124.35 | 1.018 times |
| 11 Thu Apr 2024 | 125.40 | 125.48 | 125.88 | 124.13 | 0.737 times |
| 10 Wed Apr 2024 | 124.93 | 123.39 | 125.26 | 123.24 | 0.921 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 127.7, but if it comes below 127.7, then a intra day sell could be more profitable.
If you take a sell trade below 127.7, then use 127.7 as stoploss and 125.75 as target. However if you take a buy trade in stock , then use 127.7 as stoploss and 130.1 as target.
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 |
| Downside Target | 127.29 |
| Downside Target | 127.63 |
| Upside Target | 128.76 |
| 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 | 124.55 |
| Downside Intraday Target | 120.47 |
| Upside Intraday Target | 130.74 |
| Upside Intraday Target | 132.85 |
| Downside Intraday Target | 126.66 |
Weekly technical analysis of Novo Nordisk (NVO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 128.64 | 122.59 | 128.76 | 122.57 | 0.44 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 |
| 23 Tue Apr 2024 | 128.64 | 129.11 | 129.11 | 121.79 | 0.508 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 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 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 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 to mid 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 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 gaining 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 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 stronger in this stock.
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 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 124.58 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 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 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 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 to mid 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 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 gaining 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 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 stronger in this stock.
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 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 124.58 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.