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Stock Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Novo Nordisk A/S (NYSE:NVO)

Strong Downtrend (-100) - NVO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NVO continues to fall. Traders should use caution and set stops.

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.

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NYSE_NVO
Open High Low NVO Price Change
82.86 86.53 81.50 84.99 -18.45
Entry Signal

MarketClub’s Trade Triangles for NVO

long term down The long-term trend has been DOWN since Aug 7th, 2024 at 121.2902

intermediate term down The intermediate-term trend has been DOWN since Dec 19th, 2024 at 104.0001

short term down The short-term trend has been DOWN since Dec 12th, 2024 at 108.7000

Smart Scan Analysis for NVO

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

-100
Smart Scan Analysis for NVO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.86 86.53 81.50 84.99 -18.45
Prev. Close Volume Bid Ask Time
85.00 52656252 2024-12-20 15:59:57
Year High58.37Year High Date2018-01-23
Year Low41.229Year Low Date2018-10-11
52wk High148.1552wk High Date2024-06-25
52wk Low99.4252wk Low Date2024-11-18
Year End Close163.21Average Volume5,009,830
Shares Outstanding6,905,960Short Interest665,002
% Institutional7.4Market Cap120,389M
Assets397,441,000MLiabilities276,919,000M
P/E Ratio32.4874Beta1.12
Volatility24.27
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