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Novo Nordisk A/S

NVO•NYSE
Healthcare
Drug Manufacturers - General
$36.98
$0.50(1.36%)
U.S. Market opens in 3h 55m

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: 39.39)
Trend Strength:Strong (ADX: 36.07)
Volatility:Medium (ATR: 1.29)
Support/Resistance:$35.15 – $39.65 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 39.39

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 38.96

Bearish
Momentum remains weak below midpoint.

Williams %R: -55.18

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -2.58

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -1.92

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 36.07

Strong
Strong trend, momentum well established.

ATR (14): 1.29

Low
Low volatility, stable price action.

CCI (14): -34.77

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
$39.65
Middle Band (SMA 20)
$37.40
Lower Band
$35.15
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$40.39
Middle Line (EMA 20)
$37.81
Lower Channel
$35.23
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-405.72M
Money Flow Index52.34Neutral, balanced money flows with no clear signal.
Relative Vigor Index43.13Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:NVO shows mixed signals in money flow analysis.

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

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