Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

NOVO-NORDISK (NYSE:NVO)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYSE_NVO
Open High Low NVO Price Change
42.07 42.64 42.06 42.31 -0.22
Entry Signal

MarketClub’s Trade Triangles for NVO

long term down The long term trend has been DOWN since Oct 4th, 2018 at 46.11

intermediate term down The intermediate term trend has been DOWN since Aug 8th, 2018 at 49.37

short term up The short term trend has been UP since Oct 15th, 2018 at 42.60

Smart Scan Analysis for NVO

Based on a pre-defined weighted trend formula for chart analysis, NVO scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for NVO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.07 42.64 42.06 42.31 -0.22
Prev. Close Volume Bid Ask Time
42.53 1788351 2018-10-15 15:59:58
Year High58.37Year High Date2018-01-23
Year Low41.229Year Low Date2018-10-11
52wk High58.3752wk High Date2018-01-23
52wk Low41.22952wk Low Date2018-10-11
Year End Close163.21Average Volume2,013,323
Shares Outstanding580,000Short Interest665,002
% Institutional7.4AssetsM
LiabilitiesMBeta1.12
Volatility27.89
Want to analyze NOVO-NORDISK NVO or another symbol? Try our Free Stock Trend Analysis Report.