NOVO NORDISK A/S-B (NOVOB.CO) Stock Technical Analysis
Europe - CPH:NOVOB - DK0062498333 - Common Stock
Overall NOVOB gets a technical rating of 0 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.
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
327.99
We can see 3 important resistance areas.
- Resistance @338.70 from a horizontal line in the daily time frame.
- A resistance zone ranging from 359.68 to 364.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 386.56 to 392.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 8.55 | NEGATIVE | NOVOB.CO has a low relative strength, it was outperformed by 91.45% 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) | 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) | 40.07 | NEUTRAL | The RSI value for NOVOB.CO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.52 | NEGATIVE | The MACD value suggests NOVOB.CO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10 | OVERSOLD | The low Stochastics value suggests NOVOB.CO may be oversold. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for NOVOB.CO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.06 | NEGATIVE | The low ADX value for NOVOB.CO suggests a weak or negative trend. |
CPH:NOVOB (10/28/2025, 4:59:45 PM)
331.3
-8.7 (-2.56%)
NOVO NORDISK A/S-B / NOVOB.CO FAQ
What is the ChartMill technical rating of NOVO NORDISK A/S-B (NOVOB.CO) stock?
ChartMill assigns a technical rating of 0 / 10 to NOVOB.CO.
Can you provide the trend direction for NOVO NORDISK A/S-B?
The current trend direction for NOVO NORDISK A/S-B (NOVOB.CO) is Bearish.
Can you provide the RSI signal for NOVO NORDISK A/S-B?
NOVO NORDISK A/S-B (NOVOB.CO) has an RSI value of 40.0742. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NOVO NORDISK A/S-B?
The short term momentum for NOVO NORDISK A/S-B (NOVOB.CO) is negative.
What is the buy/sell signal for NOVO NORDISK A/S-B (NOVOB.CO) stock?
The buy/sell signal for NOVO NORDISK A/S-B (NOVOB.CO) is sell as both the short term and long term trends are negative.