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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)

Showing technical analysis as on 2024-02-21 View latest technical analysis

10 day averaged volume of Norben Tea is 4845

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	11.07	11.07	11.07	11.07	0.002 times
20 Tue Feb 2024	11.29	11.51	11.51	11.29	2.308 times
19 Mon Feb 2024	11.52	11.08	11.52	11.08	0.408 times
16 Fri Feb 2024	11.30	11.30	11.30	11.30	0.624 times
15 Thu Feb 2024	11.53	11.53	11.53	11.53	0.124 times
14 Wed Feb 2024	11.76	11.76	11.76	11.76	0.002 times
13 Tue Feb 2024	11.99	12.23	12.23	11.99	0.018 times
12 Mon Feb 2024	12.23	12.23	12.23	11.76	0.066 times
09 Fri Feb 2024	12.00	12.01	12.01	11.55	1.064 times
08 Thu Feb 2024	11.78	11.55	11.78	11.55	3.851 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.3, but if it comes above 11.3, then a intra day buy could be more profitable.
If you take a sell trade below 11.3, then use 11.3 as stoploss and 10.8 as target. However if you take a buy trade in stock , then use 11.3 as stoploss and 11.76 as target.

Share price targets for Norben Tea (NorbenTea)

Target Type	Value
Downside Target	10.51
Downside Target	10.91
Upside Target	12.01
Upside Target	12.23
Upside Target	12.26
Upside Target	12.30
Upside Target	12.51
Upside Target	13.28
Upside Target	13.91
Upside Target	14.18
Upside Target	15.76

Intraday share price targets for Norben Tea (NorbenTea)

Target Type	Value
Downside Intraday Target	10.92
Downside Intraday Target	10.77
Upside Intraday Target	11.37
Upside Intraday Target	11.67
Upside Intraday Target	11.22

Weekly technical analysis of Norben Tea (NorbenTea)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	11.07	11.08	11.52	11.07	3.254 times
16 Fri Feb 2024	11.30	12.23	12.23	11.30	0.12 times
09 Fri Feb 2024	12.00	11.57	12.01	11.11	3.262 times
02 Fri Feb 2024	11.35	12.26	12.26	11.32	2.989 times
25 Thu Jan 2024	12.51	13.28	13.28	12.51	0.155 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Norben Tea (NorbenTea)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	11.07	11.78	12.23	11.07	1.41 times
31 Wed Jan 2024	11.78	10.91	15.76	10.91	1.889 times
29 Fri Dec 2023	10.70	12.06	12.30	10.65	0.334 times
30 Thu Nov 2023	12.30	11.51	13.91	10.51	1.51 times

Scroll below to view daily charts

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)

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 term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Norben Tea ( (NorbenTea) ) based on a short to mid 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.

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 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 below 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 11.63 and Norben Tea (NorbenTea) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.