USA - NYSE:NVO - US6701002056 - ADR
Taking everything into account, NVO scores 0 out of 10 in our technical rating. NVO'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 NVO 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.
45.43
4 important resistance areas can be observed.
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 | 8.25 | NEGATIVE | NVO has a low relative strength, it was outperformed by 91.75% 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) | 21.01 | OVERSOLD | The low RSI value suggests NVO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.63 | NEGATIVE | The MACD value suggests NVO has a negative trend. |
| Stochastics (14,3) | 10.44 | OVERSOLD | The low Stochastics value suggests NVO may be oversold. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for NVO suggests some volalility. |
| Average Directional Index/ADX (14) | 28.99 | POSITIVE | The high ADX value value for NVO suggests a strong trend. |
NYSE:NVO (11/7/2025, 9:48:09 AM)
45.885
-0.62 (-1.34%)
ChartMill assigns a technical rating of 0 / 10 to NVO.
The current trend direction for NOVO-NORDISK A/S-SPONS ADR (NVO) is Bearish.
NOVO-NORDISK A/S-SPONS ADR (NVO) has an RSI value of 21.0098. This indicates that the stock is currently oversold.
The short term momentum for NOVO-NORDISK A/S-SPONS ADR (NVO) is negative.
The buy/sell signal for NOVO-NORDISK A/S-SPONS ADR (NVO) is sell as both the short term and long term trends are negative.