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Stock Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

Novo Nordisk A/S (NYSE:NVO)

Weak Downtrend (-65) - NVO is showing signs of a strengthening downtrend. Monitor NVO as it may be building momentum to the downside.

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
123.61 124.54 122.46 122.66 -0.09
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 down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 127.11

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 123.52

Smart Scan Analysis for NVO

Based on our trend formula, NVO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NVO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
123.61 124.54 122.46 122.66 -0.09
Prev. Close Volume Bid Ask Time
122.71 4769021 2024-04-19 15:59:28
Year High58.37Year High Date2018-01-23
Year Low41.229Year Low Date2018-10-11
52wk High138.2852wk High Date2024-03-07
52wk Low75.5652wk Low Date2023-07-11
Year End Close163.21Average Volume3,586,383
Shares Outstanding6,905,960Short Interest665,002
% Institutional7.4Market Cap120,389M
Assets314,486,000MLiabilities207,925,000M
P/E Ratio44.3621Beta1.12
Volatility24.27
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