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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 2024-03-01 View latest technical analysis

10 day averaged volume of Norben Tea is 6880

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	12.75	14.00	14.00	12.70	3.342 times
29 Thu Feb 2024	13.35	13.35	13.35	12.20	5.425 times
28 Wed Feb 2024	12.75	12.75	12.75	12.75	0.754 times
27 Tue Feb 2024	12.15	12.15	12.15	12.10	1.728 times
26 Mon Feb 2024	11.60	11.60	11.60	11.60	0.541 times
23 Fri Feb 2024	11.05	10.85	11.05	10.70	0.244 times
22 Thu Feb 2024	10.85	11.05	11.05	10.85	0.151 times
21 Wed Feb 2024	10.85	11.05	11.05	10.85	0.494 times
20 Tue Feb 2024	11.05	11.05	11.05	11.05	0.015 times
19 Mon Feb 2024	11.25	11.25	11.25	11.15	0.575 times

Stock of Norben Tea (NORBTEAEXP_BE) 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 12.3, but if it comes below 12.3, then a intra day sell could be more profitable.
If you take a sell trade below 12.3, then use 12.3 as stoploss and 11.66 as target. However if you take a buy trade in stock , then use 12.3 as stoploss and 13.1 as target.

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	11.90
Downside Target	12.45
Downside Target	12.70
Upside Target	13.35
Upside Target	14.00
Upside Target	14.15
Upside Target	15.95

Intraday share price targets for Norben Tea (NORBTEAEXP_BE)

Target Type	Value
Downside Intraday Target	11.57
Downside Intraday Target	10.38
Upside Intraday Target	13.97
Upside Intraday Target	15.18
Upside Intraday Target	12.78

Weekly technical analysis of Norben Tea (NORBTEAEXP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	12.75	11.60	14.00	11.60	7.978 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
01 Fri Mar 2024	12.75	14.00	14.00	12.70	0.237 times
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

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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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 12.68 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.