(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 2024-05-23 View latest technical analysis
10 day averaged volume of Norben Tea is 2207
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 12.11 | 12.22 | 12.22 | 12.01 | 0.17 times |
| 22 Wed May 2024 | 12.11 | 11.99 | 12.75 | 11.99 | 0.573 times |
| 21 Tue May 2024 | 12.23 | 12.90 | 13.04 | 12.01 | 1.676 times |
| 18 Sat May 2024 | 12.63 | 12.34 | 12.97 | 12.34 | 0.806 times |
| 17 Fri May 2024 | 12.42 | 12.25 | 12.76 | 12.25 | 3.595 times |
| 16 Thu May 2024 | 12.74 | 12.61 | 12.80 | 12.38 | 1.429 times |
| 15 Wed May 2024 | 13.00 | 12.97 | 13.22 | 12.70 | 1.565 times |
| 14 Tue May 2024 | 12.79 | 12.66 | 13.00 | 12.25 | 0.085 times |
| 13 Mon May 2024 | 12.41 | 12.64 | 12.64 | 12.00 | 0.22 times |
| 10 Fri May 2024 | 12.39 | 12.39 | 12.39 | 12.39 | 0.045 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.2, but if it comes above 12.2, then a intra day buy could be more profitable.
If you take a sell trade below 12.2, then use 12.2 as stoploss and 11.8 as target. However if you take a buy trade in stock , then use 12.2 as stoploss and 12.5 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 | 11.72 |
| Downside Intraday Target | 11.33 |
| Upside Intraday Target | 12.77 |
| Upside Intraday Target | 13.43 |
| Upside Intraday Target | 12.38 |
Weekly technical analysis of Norben Tea (NorbenTea)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 12.11 | 12.90 | 13.04 | 11.99 | 0.314 times |
| 18 Sat May 2024 | 12.63 | 12.64 | 13.22 | 12.00 | 5.74 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 |
| 23 Thu May 2024 | 12.11 | 13.25 | 13.50 | 11.99 | 1.572 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 |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 SELL signal in short term but selling is losing 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 12.52 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.
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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 SELL signal in short term but selling is losing 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 12.52 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.
Click here for Norben Tea charts
Click here for further forecast and predictions for tomorrow