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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 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.
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MarketClub’s Trade Triangles for NVO
The long-term trend has been UP since Jan 5th, 2024 at 105.69
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 127.11
The short-term trend has been UP since Apr 22nd, 2024 at 125.21
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 126.950 | 127.320 | 125.350 | 126.205 | -2.435 |
| Prev. Close | Volume | Bid | Ask | Time |
| 128.640 | 3000332 | 2024-04-24 15:59:51 |
| Year High | 58.37 | Year High Date | 2018-01-23 |
| Year Low | 41.229 | Year Low Date | 2018-10-11 |
| 52wk High | 138.28 | 52wk High Date | 2024-03-07 |
| 52wk Low | 75.56 | 52wk Low Date | 2023-07-11 |
| Year End Close | 163.21 | Average Volume | 3,566,518 |
| Shares Outstanding | 6,905,960 | Short Interest | 665,002 |
| % Institutional | 7.4 | Market Cap | 120,389M |
| Assets | 314,486,000M | Liabilities | 207,925,000M |
| P/E Ratio | 46.4908 | Beta | 1.12 |
| Volatility | 24.27 |