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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 2024-06-05 View latest technical analysis

10 day averaged volume of Norben Tea is 975

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	11.72	12.25	12.25	11.72	0.627 times
04 Tue Jun 2024	12.33	11.50	12.33	11.50	1.075 times
03 Mon Jun 2024	11.76	12.54	12.54	11.70	1.308 times
31 Fri May 2024	11.95	11.70	11.95	11.59	0.436 times
30 Thu May 2024	12.19	12.25	12.78	11.85	2.298 times
29 Wed May 2024	12.20	12.25	12.69	11.60	0.837 times
28 Tue May 2024	12.19	12.25	12.34	12.16	0.217 times
27 Mon May 2024	12.00	12.25	12.25	12.00	0.845 times
24 Fri May 2024	11.86	12.02	12.04	11.63	1.297 times
23 Thu May 2024	12.11	12.22	12.22	12.01	0.385 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.9, but if it comes above 11.9, then a intra day buy could be more profitable.
If you take a sell trade below 11.9, then use 11.9 as stoploss and 11.5 as target. However if you take a buy trade in stock , then use 11.9 as stoploss and 12.27 as target.

Share price targets for Norben Tea (NorbenTea)

Target Type	Value
Downside Target	10.86
Downside Target	11.50
Upside Target	11.87
Upside Target	12.54
Upside Target	12.78
Upside Target	13.04
Upside Target	13.22
Upside Target	13.42
Upside Target	13.44
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	11.3
Downside Intraday Target	10.88
Upside Intraday Target	12.34
Upside Intraday Target	12.96
Upside Intraday Target	11.92

Weekly technical analysis of Norben Tea (NorbenTea)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	11.72	12.54	12.54	11.50	0.649 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
10 Fri May 2024	12.39	13.44	13.44	12.02	0.256 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
05 Wed Jun 2024	11.72	12.54	12.54	11.50	0.074 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 neutral. A longer time frame might give a better analysis.

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 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 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 12.04 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.