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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
$47.16
$0.68(1.46%)
U.S. Market is Open · 14:15

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 neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.70)
Trend Strength:Weak (ADX: 17.99)
Volatility:Medium (ATR: 1.47)
Support/Resistance:$43.04 – $51.55 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 45.70

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 40.70

Neutral
Mid-range signal with no clear trend.

Williams %R: -54.66

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -1.95

Bearish
Selling pressure outweighs buying.

Takeaway:Novo Nordisk A/S shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.61

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.99

Weak
Weak trend, market trading sideways.

ATR (14): 1.47

Low
Low volatility, stable price action.

CCI (14): 20.40

Bullish
Bullish, momentum building upward.

Takeaway:Novo Nordisk A/S shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$51.55
Middle Band (SMA 20)
$47.30
Lower Band
$43.04
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$49.84
Middle Line (EMA 20)
$46.91
Lower Channel
$43.98
Squeeze Status
No Squeeze

Takeaway:Novo Nordisk A/S trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume53.08M
Money Flow Index37.45Bearish, selling pressure outweighs inflows.
Relative Vigor Index54.18Neutral to Bullish, buyers 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 (NYSE: NVO), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

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

Overall Recommendation:Technical indicators for Novo Nordisk A/S are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: NVO) Technical Analysis FAQ