NVO Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Novo Nordisk A/S (NVO) Moving Averages Convergence Divergence (MACD) indicator is -3.738, suggesting NVO is Strong Sell.

Novo Nordisk A/S (NVO) 20-Day simple moving average is 42.568, while Novo Nordisk A/S (NVO) share price is $38.72, making it Sell.

Novo Nordisk A/S (NVO) 60-Day simple moving average is 50.574, while Novo Nordisk A/S (NVO) share price is $38.72, making it Sell.

Technical Analysis for NVO

Technical Sentiment Analysis for Novo Nordisk A/S (NVO) As of 2026-03-10, Novo Nordisk A/S (NVO) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 2 indicators are flashing buy, while 8 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for NVO stands at 34.192, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -3.738, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 23.605 and the Commodity Channel Index (CCI) at -49.954 further confirm a 0.13 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, NVO is trading below its 60-day moving average of $50.574 and below its 200-day long-term moving average of $56.185. Key price levels to watch include the immediate resistance at $40.123 and strong support at $36.093. A break above $40.123 could signal a bull continuation, while falling below $36.093 may test the next Fibonacci floor at $33.957.

Novo Nordisk A/S (NVO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	32.063	33.957	36.093	37.987	40.123	42.017	44.153
Fibonacci	33.957	35.496	36.447	37.987	39.526	40.477	42.017

Novo Nordisk A/S (NVO) Technical Indicators

2026-03-10

Name	Value
RSI_14	34.192
STOCHk_14_3_3	23.605
STOCHd_14_3_3	22.617
CCI_20	-49.954
AO_5_34	-9.679
MOM_10	0.13
MACD_12_26_9	-3.738

Novo Nordisk A/S (NVO) Relative Strength Index (RSI) is 34.192, creating a Neutral signal.

Novo Nordisk A/S (NVO) Stochastic Oscillator is 23.605, creating a Neutral signal.

Novo Nordisk A/S (NVO) Stochastic RSI is 22.617, creating a Neutral signal.

Novo Nordisk A/S (NVO) Commodity Channel Index (CCI) is -49.954, creating a Neutral signal.

Novo Nordisk A/S (NVO) Awesome Oscillator is -9.679, creating a Sell signal.

Novo Nordisk A/S (NVO) Momentum is 0.13, creating a Buy signal.

Novo Nordisk A/S (NVO) MACD is -3.738, creating a Sell signal.

Novo Nordisk A/S (NVO) Moving Average

2026-03-10

Period	Simple	Signal
MA_5	38.93	Sell
MA_10	38.23	Buy
MA_20	42.568	Sell
MA_60	50.574	Sell
MA_200	56.185	Sell
MA_250	58.489	Sell

Novo Nordisk A/S (NVO) 5-Day simple moving average is 38.93, while Novo Nordisk A/S (NVO) share price is $38.72, making it a Sell.

Novo Nordisk A/S (NVO) 10-Day simple moving average is 38.23, while Novo Nordisk A/S (NVO) share price is $38.72, making it a Buy.

Novo Nordisk A/S (NVO) 20-Day simple moving average is 42.568, while Novo Nordisk A/S (NVO) share price is $38.72, making it a Sell.

Novo Nordisk A/S (NVO) 60-Day simple moving average is 50.574, while Novo Nordisk A/S (NVO) share price is $38.72, making it a Sell.

Novo Nordisk A/S (NVO) 200-Day simple moving average is 56.185, while Novo Nordisk A/S (NVO) share price is $38.72, making it a Sell.

Novo Nordisk A/S (NVO) 250-Day simple moving average is 58.489, while Novo Nordisk A/S (NVO) share price is $38.72, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for NVO?

The overall technical consensus for Novo Nordisk A/S (NVO) is currently Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 1 buy signals and 3 sell signals.

What are the key support and resistance levels for Novo Nordisk A/S (NVO) today?

Based on pivot point calculations, Novo Nordisk A/S (NVO) has an immediate support level at 36.093 and a major resistance level at 40.123. Traders also monitor the pivot point at 37.987 to determine the intraday trend direction.

Is Novo Nordisk A/S (NVO) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Novo Nordisk A/S (NVO) is currently 34.192. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Novo Nordisk A/S (NVO)?

Novo Nordisk A/S (NVO) Moving Averages Convergence Divergence (MACD) indicator is -3.738, suggesting NVO is Strong Sell. This indicator helps identify potential trend reversals or momentum shifts for Novo Nordisk A/S.

How is Novo Nordisk A/S (NVO) performing relative to its 200-day moving average?

Novo Nordisk A/S (NVO) is currently trading at $38.72, which is below its 200-day simple moving average of 56.185. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.