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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 2024-02-29 View latest technical analysis

10 day averaged volume of Norben Tea is 3213

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	13.35	13.35	13.35	12.20	11.616 times
28 Wed Feb 2024	12.75	12.75	12.75	12.75	1.614 times
27 Tue Feb 2024	12.15	12.15	12.15	12.10	3.701 times
26 Mon Feb 2024	11.60	11.60	11.60	11.60	1.159 times
23 Fri Feb 2024	11.05	10.85	11.05	10.70	0.522 times
22 Thu Feb 2024	10.85	11.05	11.05	10.85	0.323 times
21 Wed Feb 2024	10.85	11.05	11.05	10.85	1.058 times
20 Tue Feb 2024	11.05	11.05	11.05	11.05	0.031 times
19 Mon Feb 2024	11.25	11.25	11.25	11.15	1.23 times
16 Fri Feb 2024	11.25	11.25	11.25	11.25	0.158 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 12.9, for a target of 12.2 or 11.59

Share price targets for Norben Tea (NORBTEAEXP_BE)

Target Type	Value
Downside Target	9.80
Downside Target	10.70
Downside Target	11.25
Downside Target	11.80
Downside Target	11.90
Downside Target	12.45
Downside Target	13.35
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	12.18
Downside Intraday Target	11.02
Upside Intraday Target	13.93
Upside Intraday Target	14.52
Downside Intraday Target	12.77

Weekly technical analysis of Norben Tea (NORBTEAEXP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	13.35	11.60	13.35	11.60	5.716 times
23 Fri Feb 2024	11.05	11.25	11.25	10.70	5.338 times
16 Fri Feb 2024	11.25	11.75	11.75	11.25	0.141 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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	13.35	11.65	13.35	10.70	0.345 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 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 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_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 BUY. Signal strength is Strong and stock is gaining 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 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 12.65 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 rising upwards.

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 negative.

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