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

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

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Norben Tea is 10667

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	12.70	13.25	13.40	12.60	0.316 times
05 Fri Apr 2024	12.85	13.25	13.35	12.65	0.275 times
04 Thu Apr 2024	13.20	13.50	13.55	12.80	0.523 times
03 Wed Apr 2024	13.45	13.85	14.15	12.90	0.761 times
02 Tue Apr 2024	13.55	13.20	13.65	12.70	0.306 times
01 Mon Apr 2024	13.00	13.15	13.65	12.40	0.409 times
28 Thu Mar 2024	13.00	13.50	13.50	12.70	0.159 times
27 Wed Mar 2024	13.25	13.55	13.95	13.25	0.556 times
26 Tue Mar 2024	13.95	14.90	14.90	13.75	0.705 times
22 Fri Mar 2024	14.45	14.65	14.85	14.20	2.317 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 12.4 as stoploss in an intra day buy trade for a target of 13.25. However, stock will show a bearish move below 12.4.

Share price targets for Norben Tea (NORBTEAEXP)

Target Type	Value
Downside Target	7.40
Downside Target	7.80
Downside Target	8.95
Downside Target	9.45
Downside Target	11.10
Downside Target	12.30
Upside Target	13.35
Upside Target	13.40
Upside Target	14.15
Upside Target	14.90
Upside Target	15.45

Intraday share price targets for Norben Tea (NORBTEAEXP)

Target Type	Value
Downside Intraday Target	12.4
Downside Intraday Target	12.1
Upside Intraday Target	13.2
Upside Intraday Target	13.7
Upside Intraday Target	12.9

Weekly technical analysis of Norben Tea (NORBTEAEXP)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	12.70	13.25	13.40	12.60	0.139 times
05 Fri Apr 2024	12.85	13.15	14.15	12.40	1.6 times
28 Thu Mar 2024	13.00	14.90	14.90	12.70	0.104 times
22 Fri Mar 2024	14.45	13.20	15.45	12.30	2.716 times
15 Fri Mar 2024	12.80	12.80	13.35	11.10	1.793 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)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	12.70	13.15	14.15	12.40	0.129 times
28 Thu Mar 2024	13.00	12.80	15.45	11.10	1.362 times
21 Thu Sep 2023	12.95	8.10	12.95	7.80	17.537 times
07 Wed Jun 2023	8.95	7.75	8.95	7.45	0.377 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)

Price action analysis of Norben Tea ( (NORBTEAEXP) ) based on a short 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 Norben Tea ( (NORBTEAEXP) ) 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 Norben Tea ( (NORBTEAEXP) ) based on a short to mid 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) ) based on a mid to longer 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.

ADX buy sell signal for Norben Tea stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Norben 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 coming down

CCI has generated a SELL signal for Norben Tea in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 13.73 and Norben Tea (NORBTEAEXP) 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 Norben Tea (NORBTEAEXP) stock. Volume based technical analysis of Norben Tea (NORBTEAEXP) 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.