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

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

Showing technical analysis as on 2024-02-08 View latest technical analysis

10 day averaged volume of Norben Tea is 5788

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	11.70	11.70	11.70	11.60	0.449 times
07 Wed Feb 2024	11.50	11.30	11.50	11.30	0.125 times
06 Tue Feb 2024	11.30	11.30	11.30	11.30	0.373 times
05 Mon Feb 2024	11.35	11.25	11.35	11.25	1.328 times
02 Fri Feb 2024	11.45	11.45	11.45	11.45	1.076 times
01 Thu Feb 2024	11.45	11.65	11.70	11.45	1.25 times
31 Wed Jan 2024	11.65	11.80	11.80	11.60	0.357 times
30 Tue Jan 2024	11.60	11.60	11.65	11.60	1.453 times
29 Mon Jan 2024	11.80	11.80	11.80	11.80	3.486 times
25 Thu Jan 2024	12.00	12.00	12.00	12.00	0.363 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 11.4 as stoploss in an intra day buy trade for a target of 12.55. However, stock will show a bearish move below 11.4.

Share price targets for Norben Tea (NORBTEAEXP_BE)

Target Type	Value
Downside Target	9.80
Downside Target	10.85
Downside Target	11.25
Downside Target	11.70
Upside Target	12.45
Upside Target	12.75
Upside Target	13.00
Upside Target	14.15
Upside Target	14.25
Upside Target	15.20
Upside Target	15.95

Intraday share price targets for Norben Tea (NORBTEAEXP_BE)

Target Type	Value
Downside Intraday Target	11.4
Downside Intraday Target	11.1
Upside Intraday Target	11.85
Upside Intraday Target	12
Downside Intraday Target	11.55

Weekly technical analysis of Norben Tea (NORBTEAEXP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	11.70	11.25	11.70	11.25	0.298 times
02 Fri Feb 2024	11.45	11.80	11.80	11.45	6.46 times
25 Thu Jan 2024	12.00	12.75	12.75	12.00	0.084 times
19 Fri Jan 2024	13.00	15.90	15.95	13.00	0.565 times
12 Fri Jan 2024	15.20	12.60	15.20	12.60	7.597 times

Price has moved up 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	11.70	11.65	11.70	11.25	0.095 times
31 Wed Jan 2024	11.65	11.00	15.95	11.00	8.136 times
29 Fri Dec 2023	11.00	12.45	12.45	10.85	0.277 times
30 Thu Nov 2023	12.70	10.85	14.15	9.80	1.185 times

Scroll below to view daily charts

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_BE)

Price action analysis of Norben Tea ( (NORBTEAEXP_BE) ) based on a short 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_BE) ) 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_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Norben Tea ( (NORBTEAEXP_BE) ) 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 SELL signal for Norben Tea in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 but buying is losing 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 11.61 and Norben Tea (NORBTEAEXP_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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