Novo Nordisk A/S
NOVO-B CPH







Weekly Report
Novo Nordisk A/S closed at 355.1000 (1.46% WoW) . Data window ends Mon, 15 Sep 2025.
How to read this โ Price slope is upward, indicating persistent buying over the window. Elevated weekly volatility increases whipsaw risk. Volume trend diverges from price โ watch for fatigue or rotation. Returns are negatively correlated with volume โ strength may come on lighter activity.
Up-slope supports buying interest; pullbacks may be contained if activity stays firm. Because liquidity isnโt confirming, prefer evidence of fresh demand before chasing moves.
Gauge maps the trend signal to a 0โ100 scale.
How to read this โ Bearish zone with falling momentum โ sellers in control.
Bias remains lower; rallies are suspect unless gauge reclaims 0.50/0.60.
The flag is positive: favourable upside skew with supportive conditions.
Conclusion
Negative setup. โ โโโโ confidence. Price window: 16. Trend: Downtrend Confirmed; gauge 12. In combination, liquidity diverges from price.
- Solid multi-week performance
- Bearish control with falling momentum
- Momentum is weak/falling
- Price is not above key averages
- Liquidity diverges from price
Why: Price window 16.34% over 8w. Close is -2.42% below the prior-window high. Return volatility 11.56%. Volume trend falling. Liquidity divergence with price. Trend state downtrend confirmed. Low-regime (โค0.25) upticks 1/7 (14.0%) โข Distributing. Momentum bearish and falling. Valuation stance positive.
Tip: Most metrics include a hover tooltip where they appear in the report.