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Stock analysis Norben Tea & Exports Limited NORBTEAEXP

More indepth analysis on MunafaSutra.com

Moving Averages for Norben Tea & Exports Limited

  • 5Day Average: 12.67
  • 12Day Average: 12.78
  • 20Day Average: 12.98
  • 50Day Average: 11.55
  • 100Day Average: 9.78
  • 150Day Average: 9.27
  • 200Day Average: 8.72

NORBTEAEXP Indicators & signals

Indicator MACD (12,26,9)

12.8, 12.62, 0.35
Indicator MACD is in positive zone

Indicator ADX (14)

11.11, 19.74, 15.79
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 61
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NORBTEAEXP Norben Tea & Exports Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 12.40 12.30 to 12.90 -3.88% 1.04 times
24 Wed Apr 2024 12.90 12.55 to 12.90 -0.39% 0.54 times
23 Tue Apr 2024 12.95 12.30 to 13.10 3.6% 1.35 times
22 Mon Apr 2024 12.50 12.30 to 13.15 -0.79% 2.43 times
19 Fri Apr 2024 12.60 12.20 to 12.60 -1.95% 0.34 times
18 Thu Apr 2024 12.85 12.30 to 13.15 1.98% 1.36 times
16 Tue Apr 2024 12.60 12.25 to 12.95 -2.33% 0.63 times
15 Mon Apr 2024 12.90 12.35 to 13.20 -0.77% 0.7 times
12 Fri Apr 2024 13.00 12.60 to 13.20 1.17% 0.56 times
10 Wed Apr 2024 12.85 12.80 to 13.25 -2.28% 1.09 times
09 Tue Apr 2024 13.15 12.80 to 13.25 3.54% 1 times
08 Mon Apr 2024 12.70 12.60 to 13.40 -1.17% 1.01 times

Technical analysis forecast for Norben Tea & Exports Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Norben Tea & Exports Limited NORBTEAEXP at this time. Stock is falling and might fall more.

It appears as if Norben Tea & Exports Limited NORBTEAEXP gave a large move recently.

Stock of Norben Tea & Exports Limited (NORBTEAEXP) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

More indepth analysis on MunafaSutra.com