NOVO-NORDISK A/S-SPONS ADR (NVO)

US6701002056 - ADR

105.06  +2.43 (+2.37%)

After market: 105.09 +0.03 (+0.03%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to NVO. NVO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NVO is a bad performer in the overall market: 82% of all stocks are doing better.
NVO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
NVO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
NVO has an average volume of 5356760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NVO is part of the Pharmaceuticals industry. There are 194 other stocks in this industry, NVO did better than 47% of them.
Weekly and Daily overview Charts
NVO Weekly chart
NVO Daily chart
Setup Rating and Analysis

3

The technical rating of NVO 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.

Support and Resistance Analysis

100.72

136.79

When analyzing the support we notice one important area.

  • Support @101.74 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • Resistance @120.04 from a horizontal line in the daily time frame.
  • Resistance @129.43 from a trend line in the daily time frame.
  • Resistance @135.44 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.06
Mansfield-2.44
10 Day High110.61
10 Day Low99.42
20 Day High113.76
20 Day Low99.42
52 Week High148.15
52 Week Low94.73
Performance
1 Week3.26%
2 Weeks-2%
1 Month-7.34%
3 Month-23.3%
6 Month-22.77%
12 Month-0.37%
2 Year68.64%
3 Year96.69%
5 Year274.21%
10 Year362.21%
15 Year1474.64%
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)0.18
RSI(14)41.39
LBB99.83
UBB111.01
NVO Daily chart

NOVO-NORDISK A/S-SPONS ADR

NYSE:NVO (11/22/2024, 8:04:00 PM)

After market: 105.09 +0.03 (+0.03%)

105.06

+2.43 (+2.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.37%
1 Week3.26%
2 Weeks-2%
1 Month-7.34%
3 Month-23.3%
6 Month-22.77%
12 Month-0.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.04
ATR(20)%2.87%
ATR Inc
Range Today2.38
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High110.61
10 Day Low99.42
20 Day High113.76
20 Day Low99.42
52 Week High148.15
52 Week Low94.73
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.14M
Volume Incr12.71%
Vol(5)6.88M
Vol(50)5.36M