NOVO NORDISK A/S-B (NOVOB.CO) Stock Technical Analysis
CPH:NOVOB - DK0062498333 - Common Stock
350.55 DKK
+4.65 (+1.34%)
We assign a technical rating of 1 out of 10 to NOVOB. NOVOB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than NOVOB.
NOVOB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month NOVOB has a been trading in the 323.05 - 371.85 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
NOVOB has an average volume of 4077420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
335.30
486.21
We found 1 important support area.
- Support @338.69 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 363.91 to 374.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 381.82 to 382.60. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @405.01 from a trend line in the weekly time frame.
- Resistance @481.40 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 | 1.84 | NEGATIVE | NOVOB.CO has a low relative strength, it was outperformed by 98.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NOVOB.CO is below the rising 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) | 45.02 | NEUTRAL | The RSI value for NOVOB.CO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.82 | POSITIVE | The MACD value suggests NOVOB.CO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.1 | NEUTRAL | The Stochastics value for NOVOB.CO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for NOVOB.CO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.45 | 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 (9/12/2025, 12:22:08 PM)
350.55
+4.65 (+1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.34%
1 Week-4.05%
2 Weeks-3.6%
1 Month6.59%
3 Month-32.99%
6 Month-34.76%
12 Month-62.34%
2 Year-46.28%
3 Year-9.14%
5 Year57.19%
10 YearN/A
15 YearN/A
Volatility
ATR(14)12.04
ATR(20)%3.6%
ATR Inc58.59%
Range Today6.5
ADR(20)10.97
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.84
Mansfield-4.43
10 Day High371.6
10 Day Low328.65
20 Day High371.85
20 Day Low323.05
52 Week High933.2
52 Week Low287.45
CS1 End338.69
CR1 Start363.91
Volume & EV
DER(3)1.72%
DER(5)2.9%
Volume780.47K
Volume Incr2.71%
Vol(5)3.38M
Vol(50)4.08M