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Novo Nordisk A/S

Stage 4 · Declining · week 3

As of Oct 22, 2026, Novo Nordisk is in Stage 4, the downtrend phase, now in week 3 (since Oct 2, 2026). It closed at $39.43, 35.3% below its 52-week high and below its 200-day average, which is falling.

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products. More about the company

$39.43
+0.97% today
$174B · Large cap
Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

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Loading price chart…
Stage Cycle Timeline2023-08-16 → 2026-10-22
S2 52w
S4 34w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 52w → S3 10w → S4 34w → S1 6w → S4 12w → S1 3w → S4 10w → S1 5w → S4 11w → S1 10w → S2 8w → S3 2w → S4 3w current
Total tracked: 166 weeks across 13 stage runs.

NVO among Drug Manufacturers - General16th of 21 by relative strength

All 21 →
Stocks in Drug Manufacturers - General ranked by relative strength, with stage and one-month change
#StockStageRS1M
1MRKStage 2 · wk 1692−0.6%
2BIIBStage 2 · wk 2192+11.6%
3LLYStage 2 · wk 190+13.5%
4AMGNStage 2 · wk 1687+10.1%
5OGNStage 2 · wk 2387+0.1%
6BMYStage 3 · wk 185+4.1%
7JNJStage 2 · wk 1683−0.6%
8PFEStage 2 · wk 877+7.9%
…16NVOStage 4 · wk 337+3.3%
vs 52W High
-35.3%
$34.33 lo$60.94 hi
35.3% below 52W high, deep Stage 4 damage
In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.
Stage Maturity
Week 3
1w13w26w
Week 3, early Stage 4 decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.
vs 200 DMA
-10.1%
200 DMA: $43.87 · sloping down
In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.
Rel Volume
0.69x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.
Trend Health
↓
Short-term trend rolling over
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+3.3%
3M
-18.1%
6M
+3.7%
YTD
-21.0%
1Y
-24.4%
Scan Membership
Breakout Watch
Latest: 2023-08-16
8 appearances in last 60 days. First seen: 2019-02-07.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S4
Wk 3 · Vol 0.69x
2026-10-21S4
Wk 3 · Vol 0.48x
2026-10-20S4
Wk 3 · Vol 0.76x
2026-10-19S4
Wk 3 · Vol 0.60x
2026-10-16S4
Wk 3 · Vol 0.86x
2026-10-15S4
Wk 2 · Vol 1.17x
2026-10-14S4
Wk 2 · Vol 0.70x
2026-10-13S4
Wk 2 · Vol 0.69x
2026-10-12S4
Wk 2 · Vol 0.63x
2026-10-09S4
Wk 2 · Vol 0.70x
2026-10-08S4
Wk 1 · Vol 0.86x
2026-10-07S4
Wk 1 · Vol 1.00x
Moving averages & range
50 DMA
$42.04
200 DMA
$43.87
52W High
$60.94
52W Low
$34.33
5D Low
$38.42
Resistance levels (recent highs)
20d High
$39.43
60d High
$50.96
120d High
$50.96
250d High
$60.94
Next resistance
+29.2%
to 60d High
P/E (TTM)
9.6
Forward 11.6
Earnings Growth (YoY)
-20.6%
Revenue +2.1%
ROE
+59.8%
Profit margin +35.3%
Dividend Yield
4.60%
P/B 5.3

Novo Nordisk: quick answers

What stage is Novo Nordisk in?

As of Oct 22, 2026, Novo Nordisk (NVO) is in Stage 4, the downtrend phase. It entered Stage 4 on Oct 2, 2026 and is in week 3. What the four stages mean

Is Novo Nordisk in an uptrend?

No. Novo Nordisk is in a Stage 4 downtrend. It trades 10.1% below its 200-day average, which is falling.

How far is Novo Nordisk from its 52-week high?

Novo Nordisk closed at $39.43 on Oct 22, 2026, 35.3% below its 52-week high of $60.94. Its 52-week low is $34.33.

How has Novo Nordisk performed over the past year?

As of Oct 22, 2026, Novo Nordisk is down 24.4% over the past year and down 21.0% so far in 2026.

Which sector and industry is Novo Nordisk in?

Novo Nordisk is in the Drug Manufacturers - General industry, part of the Health Care sector.

About this companyHealth Care· Drug Manufacturers - General

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products. It operates through two segments, Obesity and Diabetes Care, and Rare Disease. The Obesity and Diabetes care segment provides products for diabetes, obesity, cardiovascular, and other emerging therapy areas. The Rare Disease segment offers products in the areas of rare blood disorders, rare endocrine disorders, and hormone replacement therapy. The company also provides NovoPen 6 and NovoPen Echo Plus, smart insulin pens; Dose Check, an insulin dose guidance application; growth hormone pens and injection needles; and Wegovy pill an oral glucagon-like peptide-1 (GLP-1) receptor agonist therapy for weight management. The company has a collaboration with Anthropic accelerate the development of new medicines and advance AI-driven software development. It operates in Europe, Canada, the United States, Japan, Korea, Oceania, Southeast Asia, Mainland China, Hong Kong and Taiwan, Latin America, the Middle East, and Africa. It has a strategic collaboration with Orbis Medicines to discover and develop oral macrocycle therapeutics for cardiometabolic diseases. The company was formerly known as Novo Industri A/S and changed its name to Novo Nordisk A/S in April 1989. The company was founded in 1923 and is headquartered in Bagsvaerd, Denmark.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.