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Stock Trend Analysis Report

Prepared for you on Monday, December 2, 2024.

Novo Nordisk A/S (NYSE:NVO)

Sidelines Mode (-55) - NVO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
108.73 109.00 108.15 108.77 +1.97
Entry Signal

MarketClub’s Trade Triangles for NVO

long term down The long-term trend has been DOWN since Aug 7th, 2024 at 121.2902

intermediate term down The intermediate-term trend has been DOWN since Sep 10th, 2024 at 130.5300

short term up The short-term trend has been UP since Nov 20th, 2024 at 103.1200

Smart Scan Analysis for NVO

Based on our trend formula, NVO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NVO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
108.73 109.00 108.15 108.77 +1.97
Prev. Close Volume Bid Ask Time
106.80 1713814 2024-12-02 11:28:56
Year High58.37Year High Date2018-01-23
Year Low41.229Year Low Date2018-10-11
52wk High148.1552wk High Date2024-06-25
52wk Low94.731352wk Low Date2023-12-11
Year End Close163.21Average Volume6,049,381
Shares Outstanding6,905,960Short Interest665,002
% Institutional7.4Market Cap120,389M
Assets397,441,000MLiabilities276,919,000M
P/E Ratio33.5427Beta1.12
Volatility24.27
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