NOVO NORDISK A/S-B (NOVOB.CO) Stock Technical Analysis
CPH:NOVOB - DK0062498333 - Common Stock
363.9 DKK
+7.8 (+2.19%)
Taking everything into account, NOVOB scores 0 out of 10 in our technical rating. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
97% 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.
NOVOB has an average volume of 3950090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NOVOB has a been trading in the 287.45 - 464.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of NOVOB is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
360.26
494.32
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 363.91 to 363.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 401.23 to 412.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @430.67 from a trend line in the weekly time frame.
- Resistance @455.55 from a horizontal line in the daily time frame.
- Resistance @489.43 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 | NEUTRAL | NEUTRAL | The short term trend for NOVOB.CO is neutral. |
| ChartMill Relative Strength | 3.56 | NEGATIVE | NOVOB.CO has a low relative strength, it was outperformed by 96.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NOVOB.CO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NOVOB.CO is below a declining 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) | 51.59 | NEUTRAL | The RSI value for NOVOB.CO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 8.85 | POSITIVE | The MACD value suggests NOVOB.CO has a positive trend. |
| Stochastics (14,3) | 93.33 | OVERBOUGHT | The high Stochastics value suggests NOVOB.CO may be overbought. |
| Average True Range in percent/ATR (20) | 6.11 | HIGH VOLATILITY | The high ATR as a percentage value for NOVOB.CO suggests high volalility. |
| Average Directional Index/ADX (14) | 30.58 | POSITIVE | The high ADX value value for NOVOB.CO suggests a strong 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 (8/22/2025, 5:00:00 PM)
363.9
+7.8 (+2.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.19%
1 Week11.66%
2 Weeks12.65%
1 Month-19.51%
3 Month-17.85%
6 Month-42.24%
12 Month-60.1%
2 Year-43.22%
3 Year-7.92%
5 Year76.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)15.44
ATR(20)%6.11%
ATR Inc-22.27%
Range Today14.2
ADR(20)21.3
ADR(20)%5.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.56
Mansfield-4.41
10 Day High369.5
10 Day Low316.3
20 Day High464.5
20 Day Low287.45
52 Week High942.4
52 Week Low287.45
CS1 EndN/A
CR1 Start363.91
Volume & EV
DER(3)3.71%
DER(5)3.59%
Volume3.50M
Volume Incr-38.69%
Vol(5)3.90M
Vol(50)3.95M