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(NorbenTea) Norben Tea complete technical analysis [charts+indicators] | Buy/Sell Norben Tea | (NorbenTea) share price targets

Complete technical analysis of Norben Tea (NorbenTea) by charts plus indicators, forecast predictions and share price targets for Norben Tea (NorbenTea)

10 day averaged volume of Norben Tea is 1961

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 12.15 12.65 12.65 12.15 0.463 times
07 Tue May 2024 12.05 12.77 12.77 12.02 0.167 times
06 Mon May 2024 12.52 13.44 13.44 12.50 0.825 times
03 Fri May 2024 12.85 13.25 13.25 12.85 0.417 times
02 Thu May 2024 12.94 13.25 13.50 12.50 3.97 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.4, but if it comes above 12.4, then a intra day buy could be more profitable.
If you take a sell trade below 12.4, then use 12.4 as stoploss and 12 as target. However if you take a buy trade in stock , then use 12.4 as stoploss and 12.64 as target.

Share price targets for Norben Tea (NorbenTea)

Target Type Value
Downside Target 10.86
Downside Target 11.87
Upside Target 13.07
Upside Target 13.39
Upside Target 13.42
Upside Target 13.44
Upside Target 13.50
Upside Target 13.53
Upside Target 15.20
Upside Target 15.76

Intraday share price targets for Norben Tea (NorbenTea)

Target Type Value
Downside Intraday Target 11.63
Downside Intraday Target 11.12
Upside Intraday Target 13.05
Upside Intraday Target 13.96
Upside Intraday Target 12.54

Weekly technical analysis of Norben Tea (NorbenTea)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 12.15 13.44 13.44 12.02 0.246 times
03 Fri May 2024 12.85 12.55 13.50 12.25 1.637 times
26 Fri Apr 2024 12.30 12.75 13.24 12.25 1.463 times
19 Fri Apr 2024 12.35 12.25 13.07 11.87 2.152 times
12 Fri Apr 2024 12.88 13.00 13.39 12.41 0.507 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Norben Tea (NorbenTea)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 12.15 13.25 13.50 12.02 0.531 times
30 Tue Apr 2024 12.91 13.18 13.53 11.87 0.127 times
28 Thu Mar 2024 12.92 13.99 15.20 11.07 1.158 times
29 Thu Feb 2024 13.36 11.78 13.42 10.86 3.63 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Norben Tea (NorbenTea)

Indicator Name Indicator Value Indicator Signal
ADX 14, 26, 31 Sell
MACD -0, -0Sell
Stochastics 11Sell
CCI -100Buy
RSI 48Sell
OBV 4375Sell
VWAP 13Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Norben Tea ( (NorbenTea) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Norben Tea ( (NorbenTea) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Norben Tea ( (NorbenTea) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Norben Tea ( (NorbenTea) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Norben Tea stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Norben Tea in short term and the sell signal is strong.

Norben Tea Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Norben Tea in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Norben Tea is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.7 and Norben Tea (NorbenTea) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Norben Tea (NorbenTea) stock. Volume based technical analysis of Norben Tea (NorbenTea) stock is negative.

Norben Tea Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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