(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 2024-05-29 View latest technical analysis
10 day averaged volume of Norben Tea is 2396
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 12.20 | 12.25 | 12.69 | 11.60 | 0.341 times |
| 28 Tue May 2024 | 12.19 | 12.25 | 12.34 | 12.16 | 0.088 times |
| 27 Mon May 2024 | 12.00 | 12.25 | 12.25 | 12.00 | 0.344 times |
| 24 Fri May 2024 | 11.86 | 12.02 | 12.04 | 11.63 | 0.528 times |
| 23 Thu May 2024 | 12.11 | 12.22 | 12.22 | 12.01 | 0.157 times |
| 22 Wed May 2024 | 12.11 | 11.99 | 12.75 | 11.99 | 0.528 times |
| 21 Tue May 2024 | 12.23 | 12.90 | 13.04 | 12.01 | 1.544 times |
| 18 Sat May 2024 | 12.63 | 12.34 | 12.97 | 12.34 | 0.742 times |
| 17 Fri May 2024 | 12.42 | 12.25 | 12.76 | 12.25 | 3.312 times |
| 16 Thu May 2024 | 12.74 | 12.61 | 12.80 | 12.38 | 1.316 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 12.1 as stoploss in an intra day buy trade for a target of 12.4. However, stock will show a bearish move below 12.1.
Share price targets for Norben Tea (NorbenTea)
| Target Type | Value |
| Downside Target | 10.86 |
| Downside Target | 11.60 |
| Downside Target | 11.87 |
| Upside Target | 12.69 |
| Upside Target | 13.04 |
| 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 | 11.64 |
| Downside Intraday Target | 11.07 |
| Upside Intraday Target | 12.73 |
| Upside Intraday Target | 13.25 |
| Downside Intraday Target | 12.16 |
Weekly technical analysis of Norben Tea (NorbenTea)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 12.20 | 12.25 | 12.69 | 11.60 | 0.28 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 |
| 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 |
Price has moved up 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 |
| 29 Wed May 2024 | 12.20 | 13.25 | 13.50 | 11.60 | 1.717 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
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. Bears are weakening, and bulls are picking up momentum!
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 12.37 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
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. Bears are weakening, and bulls are picking up momentum!
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 12.37 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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