NVO Price Chart
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50 DMA150 DMA200 DMA
NVONovo Nordisk A/S
$59.64
Financials
AVOID
Investment Thesis
NVO is a market laggard (RS 54/99, Top 46%) with moderate fundamentals. avoid chasing - protect capital. Smart traders skip this one until the setup improves.
Weak relative strength + ordinary growth = Pass
Key Takeaways
- Earnings moderate
- RS 54 - market laggard
- Wait & watch
Earnings Momentum
Earnings Growing
Price Structure
Broken StructurePrice
$59.64
✓→
50 DMA
$50.01
→
100 DMA
$53.16
→
150 DMA
$56.72
→
200 DMA
$59.16
Alignment Score: 1/4
LEADERSHIP TEST FAILED
RS Rating 54/99 is in Bottom 54% of market. Minervini target: Top 20% (RS 80+)
Why Not BUY Yet?
RS Rating
54 (Top 46%)→>80 (Top 20%)
EPS Growth
-26%→>25% (Strong) or 40%+ (Elite)
Pattern Stage
AT_PIVOT→At pivot or near breakout
RSI (14)
77 (ELEVATED)→<70 for safe entry
Breakout Status
-57.4% below entry ($139.92)→Price above breakout entry
What Would Change Our Mind?
To turn bullish on NVO, we need:
- RS Rating: >80 (Top 20%)(currently 54 (Top 46%))
- EPS Growth: >25% (Strong) or 40%+ (Elite)(currently -26%)
- Pattern Stage: At pivot or near breakout(currently AT_PIVOT)
- RSI (14): <70 for safe entry(currently 77 (ELEVATED))
- Breakout Status: Price above breakout entry(currently -57.4% below entry ($139.92))
- Breakout Recovery: Price recovers above $139.92(currently -57.4% below entry)
Twin Engines Dashboard
Technical Health
RS Rating
54/99
Top 46% (Need 80+)
Trend
Weak Uptrend
Above 200 DMA
RSI (14)
77
ELEVATED
VCP Setup
COOL
Score: 5/9
Volume
16.9M
-15% vs avg
From Entry
-57.4%
$139.92
Fundamental Horsepower
EPS Qtr YoY
-26%
Declining
EPS 3Y CAGR
+30%
Annual Earnings
Revenue Qtr
+5%
WEAK
F-Score
5/9
Piotroski Quality
ROE
81%
Return on Equity
EPS Rank
50/99
Percentile
Trade Plan
Breakout FailedEntry Price$139.92Breakout price
Current Loss-57.4%Below entry
Stop Was$128.73Should have exited
If/Then Playbook
IF: RS Rating improves to >80
THEN: Re-evaluate for WATCHLIST
IF: Price closes below 200 DMA
THEN: Remove from radar entirely
IF: EPS growth accelerates to >40% next quarter
THEN: Reassess as potential turnaround
Key Price Levels
Resistance
- Pivot$62.32+4.5%
- 52W High$93.80+57.3%
Current$59.64
Support
- 200 DMA$59.16-0.8%
- 20 DMA$52.92-11.3%
- 50 DMA$50.01-16.1%
More NVO Analysis
Frequently Asked Questions
Is NVO stock a buy now?
NVO is a market laggard (RS 54/99, Top 46%) with moderate fundamentals. avoid chasing - protect capital. Smart traders skip this one until the setup improves.
What is the buy point for NVO?
NVO's breakout at $139.92 has failed (now -57.4% below entry). The setup is no longer valid — wait for a new base pattern to form.
What is NVO's RS Rating?
NVO has an RS Rating of 54/99, meaning it's in the Top 46% of all stocks for relative price performance over the past 12 months. Minervini recommends RS 80+ for momentum trades.
Important Disclosure: This analysis is for educational and informational purposes only. Technical and fundamental indicators are based on historical data and do not guarantee future performance. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.