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Stock Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Novo Nordisk A/S (NYSE:NVO)

Long-Term Uptrend (+90) - NVO is in a strong uptrend that is likely to continue. While NVO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
101.22 102.74 101.06 102.39 +1.95
Entry Signal

MarketClub’s Trade Triangles for NVO

long term up The long-term trend has been UP since May 10th, 2021 at 75.8601

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2021 at 102.5300

short term up The short-term trend has been UP since Oct 13th, 2021 at 99.1300

Smart Scan Analysis for NVO

Based on our trend formula, NVO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NVO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
101.22 102.74 101.06 102.39 +1.95
Prev. Close Volume Bid Ask Time
102.34 885968 2021-10-15 15:59:53
Year High58.37Year High Date2018-01-23
Year Low41.229Year Low Date2018-10-11
52wk High107.2452wk High Date2021-08-20
52wk Low63.2252wk Low Date2020-10-30
Year End Close163.21Average Volume881,746
Shares Outstanding1,726,490Short Interest665,002
% Institutional7.4Market Cap120,389M
Assets141,387,000MLiabilities828,910,000M
P/E Ratio34.5868Beta1.12
Volatility24.27
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