Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-08 View latest technical analysis

10 day averaged volume of Ofg Bancorp is 206710

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Mar 2024	37.42	37.98	38.01	37.37	0.586 times
07 Thu Mar 2024	37.50	37.57	37.81	37.35	1.245 times
06 Wed Mar 2024	37.41	37.88	38.25	37.08	1.066 times
05 Tue Mar 2024	37.81	36.21	37.81	36.21	1.084 times
04 Mon Mar 2024	36.26	36.52	37.27	36.25	1.006 times
01 Fri Mar 2024	36.22	36.06	36.23	35.37	0.876 times
29 Thu Feb 2024	36.22	36.18	36.59	36.01	1.184 times
28 Wed Feb 2024	35.58	35.44	35.88	35.44	0.757 times
27 Tue Feb 2024	35.81	35.97	36.10	35.74	0.809 times
26 Mon Feb 2024	35.70	35.62	35.91	35.32	1.051 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 37, but if it comes below 37, then a intra day sell could be more profitable.
If you take a sell trade below 37, then use 37 as stoploss and 36.3 as target. However if you take a buy trade in stock , then use 37 as stoploss and 37.9 as target.

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	36.34
Downside Intraday Target	35.25
Upside Intraday Target	38.38
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
08 Fri Mar 2024	37.42	36.52	38.25	36.21	1.066 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
08 Fri Mar 2024	37.42	36.06	38.25	35.37	0.259 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 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 positive zone. This is a BUY zone

Stock of Ofg Bancorp is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 36.63 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.