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Stock Trend Analysis Report

Prepared for you on Tuesday, January 25, 2022.

Novo Nordisk A/S (NYSE:NVO)

Long-Term Downtrend (-90) - NVO is in a strong downtrend that is likely to continue. While NVO is showing intraday strength, it remains in the confines of a bearish trend. 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
94.19 95.87 93.99 95.82 +0.38
Entry Signal

MarketClub’s Trade Triangles for NVO

long term down The long-term trend has been DOWN since Jan 24th, 2022 at 94.89

intermediate term down The intermediate-term trend has been DOWN since Dec 20th, 2021 at 106.06

short term down The short-term trend has been DOWN since Jan 3rd, 2022 at 109.36

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
94.19 95.87 93.99 95.82 +0.38
Prev. Close Volume Bid Ask Time
95.44 2123873 2022-01-25 14:49:34
Year High58.37Year High Date2018-01-23
Year Low41.229Year Low Date2018-10-11
52wk High117.3552wk High Date2021-12-16
52wk Low66.5952wk Low Date2021-03-26
Year End Close163.21Average Volume1,633,261
Shares Outstanding1,726,490Short Interest665,002
% Institutional7.4Market Cap120,389M
Assets141,387,000MLiabilities828,910,000M
P/E Ratio32.865Beta1.12
Volatility24.27
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