NOVO NORDISK A/S-B (NOVOB.CO) Stock Technical Analysis
CPH:NOVOB - Nasdaq Copenhagen A/S - DK0062498333 - Common Stock - Currency: DKK
Taking everything into account, NOVOB scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. NOVOB was also a bad performer in the overall market in the last year.
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. The S&P500 Index however is trading in the upper part of its 52 week range, so NOVOB is lagging the market.
NOVOB has an average volume of 3314380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month NOVOB has a been trading in the 414.35 - 533.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NOVOB has an average technical rating and it also does not offer a high 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
422.27
545.52
2 important support areas can be observed.
- Support @465.13 from a trend line in the daily time frame.
- Support @426.54 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @505.81 from a trend line in the daily time frame.
- A resistance zone ranging from 516.21 to 519.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @540.12 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 | UP | POSITIVE | The short term trend for NOVOB.CO is up. |
| ChartMill Relative Strength | 6.39 | NEGATIVE | NOVOB.CO has a low relative strength, it was outperformed by 93.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NOVOB.CO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NOVOB.CO is above 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) | 52.61 | NEUTRAL | The RSI value for NOVOB.CO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.29 | POSITIVE | The MACD value suggests NOVOB.CO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.49 | NEUTRAL | The Stochastics value for NOVOB.CO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for NOVOB.CO suggests some volalility. |
| Average Directional Index/ADX (14) | 18.47 | 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 (6/18/2025, 5:00:45 PM)
482.5
-5.5 (-1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.13%
1 Week-6.62%
2 Weeks1.58%
1 Month11.07%
3 Month-8.76%
6 Month-18.11%
12 Month-51.28%
2 Year-12.22%
3 Year22.59%
5 Year124.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)15.88
ATR(20)%3.65%
ATR Inc-22.57%
Range Today8.2
ADR(20)15.6
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.39
Mansfield-3.24
10 Day High533.4
10 Day Low463.55
20 Day High533.4
20 Day Low414.35
52 Week High1033.2
52 Week Low380.05
CS1 End465.13
CR1 Start505.81
Volume & EV
DER(3)-1.61%
DER(5)-3.34%
Volume1.88M
Volume Incr-31.12%
Vol(5)2.27M
Vol(50)3.31M