NOVO NORDISK A/S-B (NOVOB.CO) Stock Technical Analysis
CPH:NOVOB - Nasdaq Copenhagen A/S - DK0062498333 - Common Stock - Currency: DKK
Overall NOVOB gets a technical rating of 1 out of 10. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, NOVOB is a bad performer in the overall market: 94% of all stocks are doing better.
NOVOB is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
NOVOB has an average volume of 2505210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NOVOB has a been trading in the 556.10 - 675.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of NOVOB is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
545.78
680.14
When analyzing the support we notice one important area.
- A support zone ranging from 551.29 to 558.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 632.21 to 644.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @657.01 from a horizontal line in the daily time frame.
- Resistance @673.41 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.5
Mansfield-2.9
10 Day High675.2
10 Day Low594.8
20 Day High675.2
20 Day Low556.1
52 Week High1033.2
52 Week Low527.3
Performance
1 Week-7.28%
2 Weeks-5.14%
1 Month-4.98%
3 Month-23.92%
6 Month-32.21%
12 Month-33.97%
2 Year10.08%
3 Year57.5%
5 Year191.73%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.34
RSI(14)44
LBB580.56
UBB666.86
CPH:NOVOB (3/7/2025, 5:00:45 PM)
597.6
-14.8 (-2.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.42%
1 Week-7.28%
2 Weeks-5.14%
1 Month-4.98%
3 Month-23.92%
6 Month-32.21%
12 Month-33.97%
2 Year10.08%
3 Year57.5%
5 Year191.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)23.37
ATR(20)%3.63%
ATR Inc26.77%
Range Today27.7
ADR(20)20.51
ADR(20)%3.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.5
Mansfield-2.9
10 Day High675.2
10 Day Low594.8
20 Day High675.2
20 Day Low556.1
52 Week High1033.2
52 Week Low527.3
CS1 End558.61
CR1 Start632.21
Volume & EV
DER(3)-2.21%
DER(5)-1.71%
Volume2.26M
Volume Incr-31.13%
Vol(5)1.92M
Vol(50)2.51M