NOVO-NORDISK A/S-SPONS ADR (NVO)
US6701002056 - ADR
We assign a technical rating of 9 out of 10 to NVO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NVO is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, NVO did better than 90% of all other stocks. On top of that, NVO also shows a nice and consistent pattern of rising prices.
NVO is part of the Pharmaceuticals industry. There are 198 other stocks in this industry. NVO outperforms 82% of them.
NVO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NVO is performing more or less in line with the market.
In the last month NVO has a been trading in the 121.79 - 129.11 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
NVO has an average volume of 4703510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, NVO also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 126.73, a Stop Loss order could be placed below this zone.
More info and screens
102.04
137.29
We found 5 important support areas.
- A support zone ranging from 122.71 to 126.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @119.77 from a horizontal line in the daily time frame.
- Support @117.02 from a trend line in the weekly time frame.
- Support @114.72 from a trend line in the daily time frame.
- Support @103.07 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @127.96 from a trend line in the daily time frame.
- Resistance @135.93 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.99
Mansfield1.5
10 Day High128.76
10 Day Low121.79
20 Day High129.11
20 Day Low121.79
52 Week High138.28
52 Week Low75.56
Performance
1 Week3.37%
2 Weeks1.88%
1 Month-1.21%
3 Month17.38%
6 Month35.67%
12 Month51.83%
2 Year122.54%
3 Year243.07%
5 Year417.65%
10 Year458.93%
15 Year2569.96%
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)0.19
RSI(14)52.7
LBB121.9
UBB128.07
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 127.97 | 122.70 | 5.27 (4.12%) | 24.28% |
| An entry @127.97. This is a Buy Stop order right above the resistance zone. | An exit @122.70. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.27 points, which is 4.12%. | When investing 24.28% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NOVO-NORDISK A/S-SPONS ADR
NYSE:NVO (4/26/2024, 7:07:16 PM)
After market: 127.3 +0.45 (+0.35%)126.85
+1.06 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.84%
1 Week3.37%
2 Weeks1.88%
1 Month-1.21%
3 Month17.38%
6 Month35.67%
12 Month51.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.59
ATR(20)%2.06%
ATR Inc
Range Today1.91
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High128.76
10 Day Low121.79
20 Day High129.11
20 Day Low121.79
52 Week High138.28
52 Week Low75.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.31M
Volume Incr-1.23%
Vol(5)3.48M
Vol(50)4.70M