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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 2024-02-13 View latest technical analysis

10 day averaged volume of Norben Tea is 3757

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	11.65	11.75	11.75	11.65	0.13 times
12 Mon Feb 2024	11.75	11.75	11.75	11.75	0.042 times
09 Fri Feb 2024	11.90	11.90	11.90	11.90	0.081 times
08 Thu Feb 2024	11.70	11.70	11.70	11.60	0.692 times
07 Wed Feb 2024	11.50	11.30	11.50	11.30	0.192 times
06 Tue Feb 2024	11.30	11.30	11.30	11.30	0.574 times
05 Mon Feb 2024	11.35	11.25	11.35	11.25	2.046 times
02 Fri Feb 2024	11.45	11.45	11.45	11.45	1.658 times
01 Thu Feb 2024	11.45	11.65	11.70	11.45	1.926 times
31 Wed Jan 2024	11.65	11.80	11.80	11.60	0.55 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 12.11. 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
Upside Target	12.00
Upside Target	12.45
Upside Target	12.75
Upside Target	13.00
Upside Target	14.15
Upside Target	14.25
Upside Target	15.95

Intraday share price targets for Norben Tea (NORBTEAEXP_BE)

Target Type	Value
Downside Intraday Target	11.62
Downside Intraday Target	11.58
Upside Intraday Target	11.72
Upside Intraday Target	11.78
Upside Intraday Target	11.68

Weekly technical analysis of Norben Tea (NORBTEAEXP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	11.65	11.75	11.75	11.65	0.048 times
09 Fri Feb 2024	11.90	11.25	11.90	11.25	0.305 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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	11.65	11.65	11.90	11.25	0.098 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 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_BE)

Price action analysis of Norben Tea ( (NORBTEAEXP_BE) ) based on a short 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 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_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 gaining momentum.

MACD generated a SELL signal for Norben Tea in short term and the sell signal is strong.

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 below the red 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 and the buying is gaining 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 11.46 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 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.