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Stock Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Novo Nordisk A/S (NYSE:NVO)

Bull Market Weakness (+75) - NVO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NVO as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid NVO?

MarketClub looks at technical strength and momentum to determine if the timing is right for NVO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_NVO
Open High Low NVO Price Change
131.5700 133.7484 131.0700 132.8600 +0.4900
Entry Signal

MarketClub’s Trade Triangles for NVO

long term up The long-term trend has been UP since Jan 5th, 2024 at 105.69

intermediate term up The intermediate-term trend has been UP since Dec 27th, 2023 at 103.56

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 131.86

Smart Scan Analysis for NVO

Based on our trend formula, NVO is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for NVO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
131.5700 133.7484 131.0700 132.8600 +0.4900
Prev. Close Volume Bid Ask Time
132.8900 3721076 2024-03-18 16:00:00
Year High58.37Year High Date2018-01-23
Year Low41.229Year Low Date2018-10-11
52wk High138.2852wk High Date2024-03-07
52wk Low70.89552wk Low Date2023-03-20
Year End Close163.21Average Volume6,026,983
Shares Outstanding6,905,960Short Interest665,002
% Institutional7.4Market Cap120,389M
Assets314,486,000MLiabilities207,925,000M
P/E Ratio48.0267Beta1.12
Volatility24.27
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