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Novo Nordisk A/S

NVO•NYSE
Healthcare
Drug Manufacturers - General
$48.45
$0.00(0.00%)
U.S. Market is Open • 14:03

Novo Nordisk A/S (NVO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Novo Nordisk A/S (NYSE:NVO).

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

NVO Technical Analysis Summary

Novo Nordisk A/S stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 37.44)
Trend Strength:Moderate (ADX: 26.11)
Volatility:Medium (ATR: 2.14)
Support/Resistance:$40.22 – $65.37 (Bollinger Bands)

Overall, Novo Nordisk A/S remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 37.44

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 31.07

Bearish
Momentum remains weak below midpoint.

Williams %R: -73.94

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -20.20

Strongly Bearish
Sharp downside momentum.

Takeaway:Novo Nordisk A/S shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -2.09

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 26.11

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.14

Medium
Medium volatility, healthy price movement.

CCI (14): -67.02

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$65.37
Middle Band (SMA 20)
$52.79
Lower Band
$40.22
Current Position
Within Bands

Takeaway:Novo Nordisk A/S trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$55.55
Middle Line (EMA 20)
$51.28
Lower Channel
$47.01
Squeeze Status
No Squeeze

Takeaway:Novo Nordisk A/S trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-14.47M
Money Flow Index25.40Bearish, selling pressure outweighs inflows.
Relative Vigor Index40.14Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:NVO 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, 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 Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ