Score 8.9 (out of 10): NOVO-NORDISK A/S-SPONS ADR poised to seasonally rally by 5% during the next 30 days.

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Insight:

NOVO-NORDISK A/S-SPONS ADR indicates an interesting 30 days seasonal set up. During similar occasions, NOVO-NORDISK A/S-SPONS ADR shares had a median return of +5% – based on 10 historical occasions with 9 of those showing positive returns (90%). This buy signal for NOVO-NORDISK A/S-SPONS ADR received a high score of 8.9 (out of 10). This insight was generated with last price of 114.7. NOVO-NORDISK A/S-SPONS ADR is in the Medical-Drugs business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. Ticker symbol: NOVOB DC.

Details:

NameNOVO-NORDISK A/S-SPONS ADR
ViewUp
Star (1 to 10)8.9
Target+5%
Time30 days
Hit Rate90%

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

-1.3% (November-2021), 0.2% (November-2020), 5.3% (November- 2019), 4.9% (November-2018), 6.5% (November-2017), 3.4% (November-2016), 5.1% (November-2015), 5.1% (November-2014), 10.9% (November-2013), 3.7% (November-2012)

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