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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)

Showing technical analysis as on 2024-05-03 View latest technical analysis

10 day averaged volume of Norben Tea is 6541

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	12.85	13.60	13.75	12.85	1.388 times
02 Thu May 2024	13.45	13.70	13.70	12.50	3.119 times
30 Tue Apr 2024	13.15	13.10	13.35	12.25	1.075 times
29 Mon Apr 2024	12.75	12.90	12.90	12.35	1.377 times
26 Fri Apr 2024	12.30	13.00	13.00	12.15	0.823 times
25 Thu Apr 2024	12.40	12.85	12.90	12.30	0.53 times
24 Wed Apr 2024	12.90	12.70	12.90	12.55	0.276 times
23 Tue Apr 2024	12.95	12.50	13.10	12.30	0.689 times
22 Mon Apr 2024	12.50	12.80	13.15	12.30	1.242 times
19 Fri Apr 2024	12.60	12.60	12.60	12.20	0.171 times

My analysis of stock is bearish for shortterm, and stock might move down till 12.6 or till 12.2. Use a stoploss of 12.87 and if the stock hits stoploss, then it can shoot up till 13.17

Share price targets for Norben Tea (NORBTEAEXP)

Target Type	Value
Downside Target	7.45
Downside Target	7.80
Downside Target	8.95
Downside Target	11.10
Downside Target	12.15
Upside Target	12.95
Upside Target	13.20
Upside Target	13.40
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	12.15
Downside Intraday Target	11.45
Upside Intraday Target	13.65
Upside Intraday Target	14.45
Upside Intraday Target	12.95

Weekly technical analysis of Norben Tea (NORBTEAEXP)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	12.85	12.90	13.75	12.25	1.954 times
26 Fri Apr 2024	12.30	12.80	13.15	12.15	2.301 times
19 Fri Apr 2024	12.60	13.20	13.20	12.20	0.828 times
12 Fri Apr 2024	13.00	13.25	13.40	12.60	0.504 times
05 Fri Apr 2024	12.85	13.15	14.15	12.40	1.6 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
03 Fri May 2024	12.85	13.70	13.75	12.50	0.343 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
21 Thu Sep 2023	12.95	8.10	12.95	7.80	17.537 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 (NORBTEAEXP)

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 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 ( (NORBTEAEXP) ) based on a mid to longer 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.

ADX buy sell signal for Norben Tea stock for short term is BUY. 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 but SELL signal is weak.

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 12.94 and Norben Tea (NORBTEAEXP) 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 (NORBTEAEXP) stock. Volume based technical analysis of Norben Tea (NORBTEAEXP) 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.