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Novo Nordisk A/S

NVO Technical Analysis Summary (NYSE)

Analyze NVO on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NVO●NYSE
HealthcareDrug Manufacturers - General
$38.64
$0.38(0.99%)
U.S. Market opens in 34h 53m

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 (NYSE)

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

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 37.61)
Trend Strength:Strong (ADX: 35.95)
Volatility:Medium (ATR: 0.97)
Support/Resistance:$35.29 – $43.58 (Bollinger Bands)

Technical conditions suggest Novo Nordisk A/S on the NYSE is awaiting a decisive move. This mix signals that Novo Nordisk A/S is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 37.61

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 36.81

Bearish
Momentum remains weak below midpoint.

Williams %R: -41.45

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -2.94

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -1.77

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 35.95

Strong
Strong trend, momentum well established.

ATR (14): 0.97

Low
Low volatility, stable price action.

CCI (14): 42.29

Bullish
Bullish, momentum building upward.

Takeaway:Novo Nordisk A/S shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$43.58
Middle Band (SMA 20)
$39.43
Lower Band
$35.29
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$41.56
Middle Line (EMA 20)
$39.61
Lower Channel
$37.67
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-130.22M
Money Flow Index15.87Bullish, oversold conditions signal rebound potential.
Relative Vigor Index34.69Bearish, price momentum favors sellers.

Overall Takeaway:NVO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Novo Nordisk A/S (NYSE: NVO), 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.

(NYSE: NVO) Technical Analysis FAQ