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Novo Nordisk A/S

NOV.DE Technical Analysis Summary (XETRA)

Analyze NOV.DE on the XETRA with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NOV.DE●XETRA
HealthcareDrug Manufacturers - General
€34.94
€2.69(7.14%)
German Market opens in 4h 10m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NOV.DE Technical Analysis Summary (XETRA)

Novo Nordisk A/S (XETRA: NOV.DE) stock currently shows a bearish trend on the XETRA, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 31.16)
Trend Strength:Moderate (ADX: 24.46)
Volatility:Medium (ATR: 1.32)
Support/Resistance:$35.44 – $41.95 (Bollinger Bands)

Technical conditions suggest Novo Nordisk A/S on the XETRA is awaiting a decisive move. Technical conditions suggest Novo Nordisk A/S is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 31.16

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 20.63

Bearish
Momentum remains weak below midpoint.

Williams %R: -95.39

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -10.85

Strongly Bearish
Sharp downside momentum.

Takeaway:Novo Nordisk A/S shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -1.11

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.46

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.32

Low
Low volatility, stable price action.

CCI (14): -134.46

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Novo Nordisk A/S shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$41.95
Middle Band (SMA 20)
$38.70
Lower Band
$35.44
Current Position
Below Lower Band

Takeaway:Novo Nordisk A/S trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$40.90
Middle Line (EMA 20)
$38.27
Lower Channel
$35.63
Squeeze Status
No Squeeze

Takeaway:Novo Nordisk A/S trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-696.65K
Money Flow Index26.19Bearish, selling pressure outweighs inflows.
Relative Vigor Index25.99Bearish, price momentum favors sellers.

Overall Takeaway:NOV.DE shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Novo Nordisk A/S (XETRA: NOV.DE), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Novo Nordisk A/S shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(XETRA: NOV.DE) Technical Analysis FAQ