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NOVO-NORDISK A/S-SPONS ADR (NVO) Stock Technical Analysis

NYSE:NVO - New York Stock Exchange, Inc. - US6701002056 - ADR - Currency: USD

87.97  +6.87 (+8.47%)

After market: 87.9 -0.07 (-0.08%)

Technical Rating and Analysis

0

Overall NVO gets a technical rating of 0 out of 10. NVO 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.
88% of all other stocks performed better in the past year than NVO.
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.
In the last month NVO has a been trading in the 78.17 - 89.97 range, which is quite wide. It is currently trading near the high of this range.
NVO has an average volume of 7968920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NVO is an average performer in the Pharmaceuticals industry, it outperforms 41% of 195 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
NOVO-NORDISK A/S-SPONS ADR / NVO Weekly stock chart
NOVO-NORDISK A/S-SPONS ADR / NVO Daily stock chart
Setup Rating and Analysis

2

The technical rating of NVO is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

77.90

133.98

When analyzing the support we notice one important area.

  • A support zone ranging from 78.69 to 78.69. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • A resistance zone ranging from 87.98 to 87.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @100.86 from a trend line in the daily time frame.
  • Resistance @106.12 from a trend line in the daily time frame.
  • Resistance @132.65 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
CRS12.71
Mansfield-3.49
10 Day High89.97
10 Day Low78.17
20 Day High89.97
20 Day Low78.17
52 Week High148.15
52 Week Low78.17
Performance
1 Week5.9%
2 Weeks2.72%
1 Month-0.83%
3 Month-22.41%
6 Month-30.58%
12 Month-18.6%
2 Year26.78%
3 Year76.17%
5 Year189.23%
10 Year294.84%
15 Year1204.61%
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)0.84
RSI(14)48.75
LBB78.09
UBB88.92
NOVO-NORDISK A/S-SPONS ADR / NVO Daily stock chart

NOVO-NORDISK A/S-SPONS ADR

NYSE:NVO (1/24/2025, 8:04:00 PM)

After market: 87.9 -0.07 (-0.08%)

87.97

+6.87 (+8.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg8.47%
1 Week5.9%
2 Weeks2.72%
1 Month-0.83%
3 Month-22.41%
6 Month-30.58%
12 Month-18.6%
2 Year26.78%
3 Year76.17%
5 Year189.23%
10 Year294.84%
15 Year1204.61%
Volatility
ATR(14)2.91
ATR(20)%2.89%
ATR Inc111.35%
Range Today3.4
ADR(20)1.7
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.71
Mansfield-3.49
10 Day High89.97
10 Day Low78.17
20 Day High89.97
20 Day Low78.17
52 Week High148.15
52 Week Low78.17
CS1 End78.69
CR1 Start87.98
Volume & EV
DER(3)0.61%
DER(5)0.93%
Volume27.10M
Volume Incr41.26%
Vol(5)13.83M
Vol(50)7.97M