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(NORBTEAEXP) Norben Tea complete technical analysis [charts+indicators] | Buy/Sell Norben Tea | (NORBTEAEXP) share price targets

Complete technical analysis of Norben Tea (NORBTEAEXP) by charts plus indicators, forecast predictions and share price targets for Norben Tea (NORBTEAEXP)

10 day averaged volume of Norben Tea is 5037

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 12.39 11.97 12.55 11.53 3.903 times
13 Thu Jun 2024 11.97 11.54 12.30 11.54 0.701 times
12 Wed Jun 2024 11.97 11.99 12.00 11.84 0.662 times
11 Tue Jun 2024 11.91 12.00 12.00 11.50 0.769 times
10 Mon Jun 2024 12.00 12.00 12.33 12.00 0.84 times

Stock of Norben Tea (NORBTEAEXP) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.3, but if it comes below 12.3, then a intra day sell could be more profitable.
If you take a sell trade below 12.3, then use 12.3 as stoploss and 12 as target. However if you take a buy trade in stock , then use 12.3 as stoploss and 12.7 as target.

Share price targets for Norben Tea (NORBTEAEXP)

Target Type Value
Downside Target 7.80
Downside Target 11.10
Downside Target 12.00
Upside Target 12.55
Upside Target 12.75
Upside Target 12.95
Upside Target 13.05
Upside Target 13.15
Upside Target 13.75
Upside Target 14.15
Upside Target 15.45

Intraday share price targets for Norben Tea (NORBTEAEXP)

Target Type Value
Downside Intraday Target 11.74
Downside Intraday Target 11.1
Upside Intraday Target 12.79
Upside Intraday Target 13.2
Downside Intraday Target 12.15

Weekly technical analysis of Norben Tea (NORBTEAEXP)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 12.39 12.00 12.55 11.50 2.199 times
07 Fri Jun 2024 11.75 12.30 12.30 11.30 1.006 times
31 Fri May 2024 11.85 12.20 12.75 11.60 1 times
24 Fri May 2024 11.90 12.30 13.05 11.70 0.901 times
17 Fri May 2024 12.45 12.80 13.15 12.00 0.76 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Norben Tea (NORBTEAEXP)

Date Monthly Closing Price Open High Low Volume
14 Fri Jun 2024 12.39 12.30 12.55 11.30 0.499 times
31 Fri May 2024 11.85 13.70 13.75 11.60 1.175 times
30 Tue Apr 2024 13.15 13.15 14.15 12.15 0.4 times
28 Thu Mar 2024 13.00 12.80 15.45 11.10 1.362 times

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 (NORBTEAEXP)

Indicator Name Indicator Value Indicator Signal
ADX 12, 15, 11 Sell
MACD -0, -0Buy
Stochastics 70Buy
CCI 131Buy
RSI 61Buy
OBV -11023Sell
VWAP 12Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Norben Tea ( (NORBTEAEXP) ) 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 ( (NORBTEAEXP) ) 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 ( (NORBTEAEXP) ) 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 ( (NORBTEAEXP) ) 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 Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Norben Tea in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 (NORBTEAEXP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Norben Tea (NORBTEAEXP) stock. Volume based technical analysis of Norben Tea (NORBTEAEXP) stock is negative.

Norben Tea Stock is giving positive 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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