NOVO-NORDISK A/S-SPONS ADR (NVO) Stock Technical Analysis
NYSE:NVO • US6701002056
We assign a technical rating of 0 out of 10 to NVO. NVO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 92% of all other stocks performed better in the past year than NVO.
- NVO is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, of which 68% are performing better than NVO.
- NVO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month NVO has a been trading in the 39.34 - 63.99 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- NVO has an average volume of 22979800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of NVO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
38.34
We can see 3 important resistance areas.
- A resistance zone ranging from 39.62 to 39.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @58.64 from a trend line in the weekly time frame.
- Resistance @61.89 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 NVO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVO is down. |
| ChartMill Relative Strength | 8.99 | NEGATIVE | NVO has a low relative strength, it was outperformed by 91.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NVO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NVO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.24 | OVERSOLD | The low RSI value suggests NVO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.89 | NEGATIVE | The MACD value suggests NVO has a negative trend. |
| Stochastics (14,3) | 19.59 | OVERSOLD | The low Stochastics value suggests NVO may be oversold. |
| Average True Range in percent/ATR (20) | 6.69 | HIGH VOLATILITY | The high ATR as a percentage value for NVO suggests high volalility. |
| Average Directional Index/ADX (14) | 27.57 | POSITIVE | The high ADX value value for NVO suggests a strong trend. |
NYSE:NVO (2/24/2026, 10:15:09 AM)
38.725
-0.91 (-2.28%)
NOVO-NORDISK A/S-SPONS ADR / NVO FAQ
Can you provide the ChartMill technical rating for NOVO-NORDISK A/S-SPONS ADR?
ChartMill assigns a technical rating of 0 / 10 to NVO.
What is the current trend direction of NOVO-NORDISK A/S-SPONS ADR (NVO) stock?
The current trend direction for NOVO-NORDISK A/S-SPONS ADR (NVO) is Bearish.
Can you provide the RSI signal for NOVO-NORDISK A/S-SPONS ADR?
NOVO-NORDISK A/S-SPONS ADR (NVO) has an RSI value of 26.2375. This indicates that the stock is currently oversold.
What is the short term momentum for NVO stock?
The short term momentum for NOVO-NORDISK A/S-SPONS ADR (NVO) is negative.
What are the support and resistance levels for NOVO-NORDISK A/S-SPONS ADR (NVO) stock?
NOVO-NORDISK A/S-SPONS ADR (NVO) has a resistance level at 58.64. Check the full technical report for our detailed analysis of NVO support and resistance levels.