NOVO-NORDISK A/S-SPONS ADR (NVO) Stock Technical Analysis
NYSE:NVO - New York Stock Exchange, Inc. - US6701002056 - ADR - Currency: USD
Overall NVO gets a technical rating of 2 out of 10. In the past year, NVO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
84% 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. The S&P500 Index however is trading in the upper part of its 52 week range, so NVO is lagging the market.
In the last month NVO has a been trading in the 77.82 - 93.80 range, which is quite wide. It is currently trading near the high of this range.
NVO has an average volume of 9551710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
NVO is an average performer in the Pharmaceuticals industry, it outperforms 51% of 193 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
77.09
102.57
When analyzing the support we notice one important area.
- A support zone ranging from 77.87 to 78.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 89.23 to 91.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @101.55 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
CRS16.2
Mansfield-2.84
10 Day High93.8
10 Day Low77.82
20 Day High93.8
20 Day Low77.82
52 Week High148.15
52 Week Low77.82
Performance
1 Week6.54%
2 Weeks9.08%
1 Month6.18%
3 Month-16.46%
6 Month-35.89%
12 Month-28.18%
2 Year26.56%
3 Year73.33%
5 Year206.97%
10 Year273.7%
15 Year1154.5%
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)1.19
RSI(14)56.69
LBB76.93
UBB93.13
89.22
-0.33 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.37%
1 Week6.54%
2 Weeks9.08%
1 Month6.18%
3 Month-16.46%
6 Month-35.89%
12 Month-28.18%
2 Year26.56%
3 Year73.33%
5 Year206.97%
10 Year273.7%
15 Year1154.5%
Volatility
ATR(14)2.73
ATR(20)%3.05%
ATR Inc-49.3%
Range Today1.28
ADR(20)2.05
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.2
Mansfield-2.84
10 Day High93.8
10 Day Low77.82
20 Day High93.8
20 Day Low77.82
52 Week High148.15
52 Week Low77.82
CS1 End78.69
CR1 Start89.23
Volume & EV
DER(3)-0.69%
DER(5)0.16%
Volume6.95M
Volume Incr12.04%
Vol(5)10.28M
Vol(50)9.55M