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

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

Showing technical analysis as on 2024-07-23 View latest technical analysis

10 day averaged volume of Grob Tea is 1608

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	931.35	948.90	948.90	920.00	0.218 times
22 Mon Jul 2024	922.00	943.45	943.45	905.60	0.627 times
19 Fri Jul 2024	951.70	966.20	972.90	933.00	0.108 times
18 Thu Jul 2024	961.25	985.05	985.05	956.00	0.274 times
16 Tue Jul 2024	986.10	998.30	999.70	985.00	0.241 times
15 Mon Jul 2024	998.55	1004.10	1004.10	985.30	0.275 times
12 Fri Jul 2024	998.85	1006.85	1025.45	997.00	0.282 times
11 Thu Jul 2024	1007.45	998.55	1028.00	990.00	0.721 times
10 Wed Jul 2024	996.05	1039.80	1045.00	965.00	2.098 times
09 Tue Jul 2024	1005.75	957.80	1028.00	956.05	5.155 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 931.3 as stoploss in an intra day buy trade for a target of 960.45. However, stock will show a bearish move below 931.3.

Share price targets for Grob Tea (GROBTEA)

Target Type	Value
Downside Target	745.55
Downside Target	855.50
Downside Target	905.60
Upside Target	995.00
Upside Target	1004.10
Upside Target	1008.00
Upside Target	1045.00
Upside Target	1069.50

Intraday share price targets for Grob Tea (GROBTEA)

Target Type	Value
Downside Intraday Target	908.33
Downside Intraday Target	885.32
Upside Intraday Target	951.63
Upside Intraday Target	971.92
Downside Intraday Target	928.62

Weekly technical analysis of Grob Tea (GROBTEA)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	931.35	943.45	948.90	905.60	0.941 times
19 Fri Jul 2024	951.70	1004.10	1004.10	933.00	0.106 times
12 Fri Jul 2024	998.85	983.00	1045.00	940.00	3.827 times
05 Fri Jul 2024	963.75	937.00	995.00	921.40	0.559 times
28 Fri Jun 2024	918.75	970.05	1008.00	910.05	1.207 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 Grob Tea (GROBTEA)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	931.35	937.00	1045.00	905.60	0.904 times
28 Fri Jun 2024	918.75	915.45	1008.00	745.55	0.834 times
31 Fri May 2024	909.95	1060.00	1069.50	855.50	0.661 times
30 Tue Apr 2024	1033.40	879.75	1069.50	875.20	6.879 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 Grob Tea (GROBTEA)

Price action analysis of Grob Tea ( (GROBTEA) ) based on a short 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 Grob Tea ( (GROBTEA) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Grob Tea ( (GROBTEA) ) 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 Grob Tea stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Grob Tea in short term but the sell signal is initial and weak.

Grob Tea Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Grob Tea in short term but BUY 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Grob 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 994.3 and Grob Tea (GROBTEA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Grob Tea (GROBTEA) stock. Volume based technical analysis of Grob Tea (GROBTEA) stock is negative.

Grob 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.