Intraday price change for NVO is about $0.56 from the day's low to the day's high.
The previous business day's price range from the open of $48.37 is expected to range from a low of $48.11 to a high of $48.67.
Price moves beyond this range are outside the average.
The previous business day's closing price may be between $48.33 and $48.41 assuming average price movements.
Note that events including news, NVO earnings, or broad market swings will unexpectedly affect price.
Closing prices outside of this range indicate a move outside the average closing price movement.
This signal was generated on August 24th
and closed on September 15th, for a holding time of 15 business days.
Signals with this combination of indicators have an average holding time of 6-7 business days.