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Stock Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
Novo Nordisk A/S (NYSE:NVO)
Bear Market Rally (-75) - NVO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NVO as it may be in the beginning 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 DOWN since Sep 20th, 2023 at 151.12
The intermediate-term trend has been UP since Nov 8th, 2023 at 102.25
The short-term trend has been DOWN since Nov 28th, 2023 at 102.14
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 |
|---|---|---|---|---|
| 101.10 | 101.76 | 100.31 | 100.39 | -1.45 |
| Prev. Close | Volume | Bid | Ask | Time |
| 101.84 | 4390088 | 2023-12-01 15:59:59 |
| Year High | 58.37 | Year High Date | 2018-01-23 |
| Year Low | 41.229 | Year Low Date | 2018-10-11 |
| 52wk High | 105.69 | 52wk High Date | 2023-11-24 |
| 52wk Low | 62.41 | 52wk Low Date | 2022-12-07 |
| Year End Close | 163.21 | Average Volume | 4,839,371 |
| Shares Outstanding | 6,905,960 | Short Interest | 665,002 |
| % Institutional | 7.4 | Market Cap | 120,389M |
| Assets | 300,101,000M | Liabilities | 207,110,000M |
| P/E Ratio | 42.88 | Beta | 1.12 |
| Volatility | 24.27 |