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Stock Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

Novo-Nordisk (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
69.040 69.790 68.775 68.810 -0.800
Entry Signal

MarketClub’s Trade Triangles for NVO

long term up The long-term trend has been UP since Dec 18th, 2020 at 73.81

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2021 at 70.45

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 71.01

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
69.040 69.790 68.775 68.810 -0.800
Prev. Close Volume Bid Ask Time
69.610 1011222 2021-03-08 15:59:46
Year High58.37Year High Date2018-01-23
Year Low41.229Year Low Date2018-10-11
52wk High75.860152wk High Date2021-02-12
52wk Low49.2452wk Low Date2020-03-20
Year End Close163.21Average Volume1,213,399
Shares Outstanding1,726,490Short Interest665,002
% Institutional7.4Market Cap120,389M
Assets144,922,000MLiabilities815,970,000M
P/E Ratio23.4298Beta1.12
Volatility24.27
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