(OFG) Ofg Bancorp complete technical analysis [charts+indicators] | Buy/Sell Ofg Bancorp | (OFG) share price targets
Complete technical analysis of Ofg Bancorp (OFG) by charts plus indicators, forecast predictions and share price targets for Ofg Bancorp (OFG)
Ofg Bancorp trades in USA in Finance sector.
Showing technical analysis as on 2024-03-06 View latest technical analysis
10 day averaged volume of Ofg Bancorp is 199890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 37.41 | 37.88 | 38.25 | 37.08 | 1.102 times |
| 05 Tue Mar 2024 | 37.81 | 36.21 | 37.81 | 36.21 | 1.121 times |
| 04 Mon Mar 2024 | 36.26 | 36.52 | 37.27 | 36.25 | 1.041 times |
| 01 Fri Mar 2024 | 36.22 | 36.06 | 36.23 | 35.37 | 0.906 times |
| 29 Thu Feb 2024 | 36.22 | 36.18 | 36.59 | 36.01 | 1.224 times |
| 28 Wed Feb 2024 | 35.58 | 35.44 | 35.88 | 35.44 | 0.783 times |
| 27 Tue Feb 2024 | 35.81 | 35.97 | 36.10 | 35.74 | 0.836 times |
| 26 Mon Feb 2024 | 35.70 | 35.62 | 35.91 | 35.32 | 1.087 times |
| 23 Fri Feb 2024 | 35.93 | 35.55 | 36.23 | 35.40 | 0.954 times |
| 22 Thu Feb 2024 | 35.48 | 35.44 | 35.84 | 35.13 | 0.747 times |
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 37.5, for a target of 36.8 or 36.15
Share price targets for Ofg Bancorp (OFG)
| Target Type | Value |
| Downside Target | 29.45 |
| Downside Target | 33.28 |
| Downside Target | 34.10 |
| Downside Target | 35.00 |
| Downside Target | 36.21 |
| Downside Target | 36.91 |
| Downside Target | 37.34 |
| Upside Target | 38.25 |
| Upside Target | 38.47 |
| Upside Target | 38.54 |
| Upside Target | 39.04 |
Intraday share price targets for Ofg Bancorp (OFG)
| Target Type | Value |
| Downside Intraday Target | 36.33 |
| Downside Intraday Target | 35.25 |
| Upside Intraday Target | 38.37 |
| Upside Intraday Target | 39.33 |
| Downside Intraday Target | 37.29 |
Weekly technical analysis of Ofg Bancorp (OFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 37.41 | 36.52 | 38.25 | 36.21 | 0.675 times |
| 01 Fri Mar 2024 | 36.22 | 35.62 | 36.59 | 35.32 | 1.266 times |
| 23 Fri Feb 2024 | 35.93 | 35.58 | 36.23 | 35.13 | 0.521 times |
| 16 Fri Feb 2024 | 35.94 | 36.32 | 37.34 | 35.00 | 1.376 times |
| 09 Fri Feb 2024 | 36.30 | 36.25 | 36.91 | 35.30 | 0.751 times |
Price has moved up 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 Ofg Bancorp (OFG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 37.41 | 36.06 | 38.25 | 35.37 | 0.178 times |
| 29 Thu Feb 2024 | 36.22 | 37.79 | 39.04 | 35.00 | 0.886 times |
| 31 Wed Jan 2024 | 36.77 | 37.18 | 38.54 | 34.19 | 1.091 times |
| 29 Fri Dec 2023 | 37.48 | 33.28 | 38.47 | 33.28 | 1.42 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 Ofg Bancorp (OFG)
Price action analysis of Ofg Bancorp ( (OFG) ) 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 Ofg Bancorp ( (OFG) ) 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 Ofg Bancorp ( (OFG) ) 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 Ofg Bancorp ( (OFG) ) 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 Ofg Bancorp stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Ofg Bancorp 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.
Ofg Bancorp 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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Ofg Bancorp 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 Ofg Bancorp is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 36.31 and Ofg Bancorp (OFG) 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 Ofg Bancorp (OFG) stock. Volume based technical analysis of Ofg Bancorp (OFG) stock is negative.
Ofg Bancorp Stock is giving positive 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.
Price action analysis of Ofg Bancorp ( (OFG) ) 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 Ofg Bancorp ( (OFG) ) 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 Ofg Bancorp ( (OFG) ) 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 Ofg Bancorp ( (OFG) ) 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 Ofg Bancorp stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Ofg Bancorp 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.
Ofg Bancorp 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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Ofg Bancorp 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 Ofg Bancorp is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 36.31 and Ofg Bancorp (OFG) 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 Ofg Bancorp (OFG) stock. Volume based technical analysis of Ofg Bancorp (OFG) stock is negative.
Ofg Bancorp Stock is giving positive 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.