
Europe - Nasdaq Copenhagen A/S - CPH:NOVOB - DK0062498333 - Common Stock
We assign a technical rating of 1 out of 10 to NOVOB. NOVOB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, NOVOB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 321.16. Right above this resistance zone may be a good entry point.
284.12
We found 2 important support areas.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NOVOB.CO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NOVOB.CO is neutral. |
| ChartMill Relative Strength | 5.34 | NEGATIVE | NOVOB.CO has a low relative strength, it was outperformed by 94.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NOVOB.CO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NOVOB.CO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NOVOB.CO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.4 | NEUTRAL | The RSI value for NOVOB.CO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.74 | POSITIVE | The MACD value suggests NOVOB.CO has a positive trend. |
| Stochastics (14,3) | 87.79 | OVERBOUGHT | The high Stochastics value suggests NOVOB.CO may be overbought. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for NOVOB.CO suggests some volalility. |
| Average Directional Index/ADX (14) | 24.41 | NEUTRAL | The ADX value for NOVOB.CO suggests a possible start of a new trend. |
CPH:NOVOB (12/15/2025, 5:00:45 PM)
316.4
-4.75 (-1.48%)
ChartMill assigns a technical rating of 1 / 10 to NOVOB.CO.
The current trend direction for NOVO NORDISK A/S-B (NOVOB.CO) is Bearish.
NOVO NORDISK A/S-B (NOVOB.CO) has an RSI value of 54.3958. This indicates that the stock is currently neutral.
The short term momentum for NOVO NORDISK A/S-B (NOVOB.CO) is neutral.