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NOVO NORDISK A/S-B (NOVOB.CO) Stock Technical Analysis

Europe - Nasdaq Copenhagen A/S - CPH:NOVOB - DK0062498333 - Common Stock

316.4 DKK
-4.75 (-1.48%)
Last: 12/15/2025, 5:00:45 PM
Technical Rating and Analysis

1

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.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, NOVOB is a bad performer in the overall market: 95% of all stocks are doing better.
NOVOB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month NOVOB has a been trading in the 266.90 - 325.32 range, which is quite wide. It is currently trading near the high of this range.
NOVOB has an average volume of 3183750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
NOVO NORDISK A/S-B / NOVOB Weekly stock chart
NOVO NORDISK A/S-B / NOVOB Daily stock chart
Setup Rating and Analysis

6

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.

Support and Resistance Analysis

284.12

334.30

We found 2 important support areas.

  • A support zone ranging from 303.80 to 308.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 286.99 to 291.19. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 321.05 to 330.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for NOVOB.CO is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for NOVOB.CO is neutral.
ChartMill Relative Strength5.34NEGATIVENOVOB.CO has a low relative strength, it was outperformed by 94.66% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of NOVOB.CO is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of NOVOB.CO is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of NOVOB.CO is below a declining SMA(200).
Relative Strength Index/RSI (14)54.4NEUTRALThe RSI value for NOVOB.CO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)2.74POSITIVEThe MACD value suggests NOVOB.CO has a positive trend.
Stochastics (14,3)87.79OVERBOUGHTThe high Stochastics value suggests NOVOB.CO may be overbought.
Average True Range in percent/ATR (20)3.75MEDIUM VOLATILITYThe ATR as a percentage value for NOVOB.CO suggests some volalility.
Average Directional Index/ADX (14)24.41NEUTRALThe ADX value for NOVOB.CO suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NOVO NORDISK A/S-B / NOVOB Daily stock chart

NOVO NORDISK A/S-B

CPH:NOVOB (12/15/2025, 5:00:45 PM)

316.4

-4.75 (-1.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.48%
1 Week3.73%
2 Weeks1.31%
1 Month3.25%
3 Month-7.79%
6 Month-37.79%
12 Month-57.41%
2 Year-54%
3 Year-31.52%
5 Year49.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.42
ATR(20)%3.75%
ATR Inc-14.17%
Range Today7.05
ADR(20)11.31
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.34
3 months CRS17.21
6 months CRS3.83
Mansfield-3.6
10 Day High325.33
10 Day Low295.55
20 Day High325.33
20 Day Low266.9
52 Week High782.2
52 Week Low266.9
CS1 End321.05
CR1 Start321.16
Volume & EV
DER(3)1.77%
DER(5)1.3%
Volume2.70M
Volume Incr-30.79%
Vol(5)2.47M
Vol(50)3.18M

NOVO NORDISK A/S-B / NOVOB.CO FAQ

What is the ChartMill technical rating of NOVO NORDISK A/S-B (NOVOB.CO) stock?

ChartMill assigns a technical rating of 1 / 10 to NOVOB.CO.


Can you provide the trend direction for NOVO NORDISK A/S-B?

The current trend direction for NOVO NORDISK A/S-B (NOVOB.CO) is Bearish.


Can you provide the RSI signal for NOVO NORDISK A/S-B?

NOVO NORDISK A/S-B (NOVOB.CO) has an RSI value of 54.3958. This indicates that the stock is currently neutral.


Can you provide the short term momentum for NOVO NORDISK A/S-B?

The short term momentum for NOVO NORDISK A/S-B (NOVOB.CO) is neutral.