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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 2024-06-11 View latest technical analysis

10 day averaged volume of Norben Tea is 892

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	12.01	12.25	12.25	11.65	0.378 times
10 Mon Jun 2024	12.00	12.25	12.50	11.95	0.441 times
07 Fri Jun 2024	12.20	11.96	12.20	11.96	0.114 times
06 Thu Jun 2024	12.00	11.47	12.30	11.26	2.01 times
05 Wed Jun 2024	11.72	12.25	12.25	11.72	0.685 times
04 Tue Jun 2024	12.33	11.50	12.33	11.50	1.175 times
03 Mon Jun 2024	11.76	12.54	12.54	11.70	1.429 times
31 Fri May 2024	11.95	11.70	11.95	11.59	0.476 times
30 Thu May 2024	12.19	12.25	12.78	11.85	2.512 times
29 Wed May 2024	12.20	12.25	12.69	11.60	0.915 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 11.9 as stoploss in an intra day buy trade for a target of 12.18. However, stock will show a bearish move below 11.9.

Share price targets for Norben Tea (NorbenTea)

Target Type	Value
Downside Target	10.86
Downside Target	11.59
Upside Target	12.50
Upside Target	12.54
Upside Target	12.78
Upside Target	13.04
Upside Target	13.22
Upside Target	13.42
Upside Target	13.50
Upside Target	13.53
Upside Target	15.20

Intraday share price targets for Norben Tea (NorbenTea)

Target Type	Value
Downside Intraday Target	11.61
Downside Intraday Target	11.2
Upside Intraday Target	12.46
Upside Intraday Target	12.9
Upside Intraday Target	12.05

Weekly technical analysis of Norben Tea (NorbenTea)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	12.01	12.25	12.50	11.65	0.151 times
07 Fri Jun 2024	12.20	12.54	12.54	11.26	1.069 times
31 Fri May 2024	11.95	12.25	12.78	11.59	0.684 times
24 Fri May 2024	11.86	12.90	13.04	11.63	0.389 times
18 Sat May 2024	12.63	12.64	13.22	12.00	5.74 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
11 Tue Jun 2024	12.01	12.54	12.54	11.26	0.14 times
31 Fri May 2024	11.95	13.25	13.50	11.59	1.84 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

Scroll below to view daily charts

Price has moved up 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 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 short to mid 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 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 BUY signal for Norben Tea in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

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

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

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 12.05 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.