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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 2024-07-18 View latest technical analysis

10 day averaged volume of Norben Tea is 3241

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	12.37	13.30	13.30	12.25	3.884 times
16 Tue Jul 2024	12.70	12.86	13.23	12.50	1.835 times
15 Mon Jul 2024	12.61	13.12	13.20	12.60	0.899 times
12 Fri Jul 2024	12.80	13.12	13.12	12.75	0.285 times
11 Thu Jul 2024	13.00	12.53	13.49	12.53	0.603 times
10 Wed Jul 2024	12.93	13.25	13.35	12.70	0.184 times
09 Tue Jul 2024	13.17	12.50	13.35	12.25	0.325 times
08 Mon Jul 2024	12.73	13.25	13.25	12.52	2.149 times
05 Fri Jul 2024	12.91	12.91	13.10	12.75	0.17 times
04 Thu Jul 2024	12.67	13.06	13.06	12.57	0.828 times

Stock of Norben Tea (NorbenTea) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 12.4, for a target of 12.6 or 12.81

Share price targets for Norben Tea (NorbenTea)

Target Type	Value
Downside Target	11.07
Downside Target	11.59
Downside Target	11.87
Upside Target	12.50
Upside Target	13.25
Upside Target	13.49
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	11.98
Downside Intraday Target	11.59
Upside Intraday Target	13.03
Upside Intraday Target	13.69
Upside Intraday Target	12.64

Weekly technical analysis of Norben Tea (NorbenTea)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	12.37	13.12	13.30	12.25	1.867 times
12 Fri Jul 2024	12.80	13.25	13.49	12.25	0.77 times
05 Fri Jul 2024	12.91	13.25	13.32	12.50	1.241 times
28 Fri Jun 2024	13.00	12.70	13.50	12.17	0.989 times
21 Fri Jun 2024	12.58	12.75	13.25	12.05	2.995 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
18 Thu Jul 2024	12.37	13.25	13.49	12.25	1.447 times
28 Fri Jun 2024	13.00	12.54	13.50	11.26	0.834 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

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 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 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 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 SELL signal for Norben Tea in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 but buying 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 12.62 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.