NOVO-NORDISK A/S-SPONS ADR (NVO) Stock Technical Analysis
NYSE:NVO - New York Stock Exchange, Inc. - US6701002056 - ADR - Currency: USD
Taking everything into account, NVO scores 2 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. NVO was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, NVO is a bad performer in the overall market: 90% of all stocks are doing better.
NVO is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, of which 63% are performing better than NVO.
NVO 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 NVO is lagging the market.
In the last month NVO has a been trading in the 60.57 - 70.00 range, which is quite wide. It is currently trading near the high of this range.
NVO has an average volume of 10150600 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.
NVO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 68.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 66.21, a Stop Loss order could be placed below this zone.
More info and screens
64.66
70.22
We found 1 important support area.
- A support zone ranging from 65.31 to 66.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 68.26 to 69.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.62
Mansfield-3.64
10 Day High70
10 Day Low63.13
20 Day High70
20 Day Low60.57
52 Week High148.15
52 Week Low57
Performance
1 Week5.88%
2 Weeks0.96%
1 Month11.26%
3 Month-22.57%
6 Month-35.08%
12 Month-49.87%
2 Year-14.99%
3 Year23.55%
5 Year106.86%
10 Year141.5%
15 Year787.79%
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)
Technical Indicators
MACD(12,26,9)0.52
RSI(14)53.87
LBB63.54
UBB69.93
68.2
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0%
1 Week5.88%
2 Weeks0.96%
1 Month11.26%
3 Month-22.57%
6 Month-35.08%
12 Month-49.87%
2 Year-14.99%
3 Year23.55%
5 Year106.86%
10 Year141.5%
15 Year787.79%
Volatility
ATR(14)2.77
ATR(20)%3.85%
ATR Inc-20.2%
Range Today1.62
ADR(20)1.95
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.62
Mansfield-3.64
10 Day High70
10 Day Low63.13
20 Day High70
20 Day Low60.57
52 Week High148.15
52 Week Low57
CS1 End66.21
CR1 Start68.26
Volume & EV
DER(3)0.96%
DER(5)0.9%
Volume8.98M
Volume Incr0.31%
Vol(5)12.15M
Vol(50)10.15M