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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 2171

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 12.23 12.90 13.04 12.01 1.704 times
20 Mon May 2024 12.63 12.34 12.97 12.34 0.819 times
17 Fri May 2024 12.42 12.25 12.76 12.25 3.655 times
16 Thu May 2024 12.74 12.61 12.80 12.38 1.453 times
15 Wed May 2024 13.00 12.97 13.22 12.70 1.591 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.3, but if it comes above 12.3, then a intra day buy could be more profitable.
If you take a sell trade below 12.3, then use 12.3 as stoploss and 11.9 as target. However if you take a buy trade in stock , then use 12.3 as stoploss and 12.58 as target.

Share price targets for Norben Tea (NorbenTea)

Target Type Value
Downside Target 10.86
Downside Target 11.87
Upside Target 13.04
Upside Target 13.24
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 11.81
Downside Intraday Target 11.4
Upside Intraday Target 12.84
Upside Intraday Target 13.46
Upside Intraday Target 12.43

Weekly technical analysis of Norben Tea (NorbenTea)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 12.23 12.34 13.04 12.01 0.36 times
17 Fri May 2024 12.42 12.64 13.22 12.00 5.139 times
10 Fri May 2024 12.39 13.44 13.44 12.02 0.256 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

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
21 Tue May 2024 12.23 13.25 13.50 12.00 1.496 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 13, 25, 33 Sell
MACD -0, -0Sell
Stochastics 33None
CCI -44Sell
RSI 45Sell
OBV 1913Sell
VWAP 13Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Norben Tea ( (NorbenTea) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Norben Tea ( (NorbenTea) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Norben Tea ( (NorbenTea) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Norben Tea ( (NorbenTea) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

Norben Tea Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Norben Tea in short term and SELL signal is strong!

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.54 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 is giving positive 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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