NOVO NORDISK A/S-B (NOVOB.CO) Stock Technical Analysis
CPH:NOVOB - Nasdaq Copenhagen A/S - DK0062498333 - Common Stock - Currency: DKK
Overall NOVOB gets a technical rating of 1 out of 10. NOVOB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
94% of all other stocks performed better in the past year than NOVOB.
NOVOB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NOVOB has a been trading in the 428.60 - 495.40 range, which is quite wide. It is currently trading near the lows of this range.
NOVOB has an average volume of 2774900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, NOVOB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 443.26. Right above this resistance zone may be a good entry point.
More info and screens
424.61
511.11
2 important support areas can be observed.
- Support @442.38 from a trend line in the daily time frame.
- Support @428.90 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 443.26 to 464.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @506.05 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NOVOB.CO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NOVOB.CO is down. |
| ChartMill Relative Strength | 6.81 | NEGATIVE | NOVOB.CO has a low relative strength, it was outperformed by 93.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOVOB.CO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NOVOB.CO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NOVOB.CO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.66 | NEUTRAL | The RSI value for NOVOB.CO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests NOVOB.CO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.01 | NEUTRAL | The Stochastics value for NOVOB.CO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for NOVOB.CO suggests some volalility. |
| Average Directional Index/ADX (14) | 19.68 | NEGATIVE | The low ADX value for NOVOB.CO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
CPH:NOVOB (7/15/2025, 11:46:17 AM)
442.575
-0.68 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.15%
1 Week0.46%
2 Weeks0.83%
1 Month-11.01%
3 Month5.22%
6 Month-22.99%
12 Month-51.08%
2 Year-18.83%
3 Year3.81%
5 Year112.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)13.32
ATR(20)%3.3%
ATR Inc-18.1%
Range Today9.6
ADR(20)13.82
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.81
Mansfield-3.64
10 Day High455.55
10 Day Low428.6
20 Day High495.4
20 Day Low428.6
52 Week High942.4
52 Week Low380.05
CS1 End442.38
CR1 Start443.26
Volume & EV
DER(3)2.03%
DER(5)1.32%
Volume302.42K
Volume Incr-28.45%
Vol(5)1.69M
Vol(50)2.77M