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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 2024-08-27 View latest technical analysis

10 day averaged volume of Norben Tea is 24873

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	15.79	17.41	17.41	15.76	2.686 times
26 Mon Aug 2024	16.59	16.59	16.59	16.59	0.774 times
23 Fri Aug 2024	15.80	15.79	15.80	15.75	1.04 times
22 Thu Aug 2024	15.05	14.26	15.05	14.18	0.99 times
21 Wed Aug 2024	14.34	14.10	14.34	13.66	1.049 times
20 Tue Aug 2024	13.66	14.05	14.09	13.27	0.457 times
19 Mon Aug 2024	13.44	13.40	13.60	12.91	1.169 times
16 Fri Aug 2024	12.96	13.99	13.99	12.88	0.352 times
14 Wed Aug 2024	13.34	14.05	14.05	13.03	0.968 times
13 Tue Aug 2024	13.72	15.15	15.15	13.72	0.984 times

Stock of Norben Tea (NORBTEAEXP) has showed a significant fall. This could be a good time to exit from 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 15.1, but if it comes below 15.1, then a intra day sell could be more profitable.
If you take a sell trade below 15.1, then use 15.1 as stoploss and 13.84 as target. However if you take a buy trade in stock , then use 15.1 as stoploss and 16.5 as target.

Share price targets for Norben Tea (NORBTEAEXP)

Target Type	Value
Downside Target	11.30
Downside Target	11.98
Downside Target	12.88
Downside Target	13.48
Downside Target	13.75
Downside Target	14.15
Downside Target	15.13
Downside Target	15.76
Downside Target	15.79
Upside Target	15.80
Upside Target	17.41

Intraday share price targets for Norben Tea (NORBTEAEXP)

Target Type	Value
Downside Intraday Target	15.23
Downside Intraday Target	14.67
Upside Intraday Target	16.88
Upside Intraday Target	17.97
Upside Intraday Target	16.32

Weekly technical analysis of Norben Tea (NORBTEAEXP)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	15.79	16.59	17.41	15.76	0.735 times
23 Fri Aug 2024	15.80	13.40	15.80	12.91	1.041 times
16 Fri Aug 2024	12.96	15.13	15.79	12.88	0.46 times
09 Fri Aug 2024	15.13	13.20	15.13	11.51	5.669 times
02 Fri Aug 2024	12.65	12.84	13.48	12.10	1.31 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 (NORBTEAEXP)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	15.79	12.10	17.41	11.51	2.471 times
31 Wed Jul 2024	12.57	13.49	13.51	11.98	1.525 times
28 Fri Jun 2024	12.95	12.30	13.52	11.30	1.496 times
31 Fri May 2024	11.85	13.70	13.75	11.60	1.175 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 losing momentum.

MACD generated a BUY signal for Norben Tea in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 positive zone. This is a BUY 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 14.76 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 positive

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