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 2024-05-30 View latest technical analysis

10 day averaged volume of Ofg Bancorp is 158904

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	36.87	36.83	37.01	36.64	0.748 times
29 Wed May 2024	36.46	35.99	36.63	35.70	1.225 times
28 Tue May 2024	36.60	36.90	37.05	36.49	0.687 times
24 Fri May 2024	36.89	36.63	36.91	36.33	1.807 times
23 Thu May 2024	36.58	37.16	37.16	36.28	1.754 times
22 Wed May 2024	37.11	37.27	37.59	36.88	0.834 times
21 Tue May 2024	37.38	37.24	37.54	37.19	0.498 times
20 Mon May 2024	37.28	37.71	37.97	37.25	0.715 times
17 Fri May 2024	37.82	38.06	38.31	37.79	0.794 times
16 Thu May 2024	37.91	38.00	38.09	37.86	0.656 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 36.9, but if it comes above 36.9, then a intra day buy could be more profitable.
If you take a sell trade below 36.9, then use 36.9 as stoploss and 36.2 as target. However if you take a buy trade in stock , then use 36.9 as stoploss and 37.43 as target.

Share price targets for Ofg Bancorp (OFG)

Target Type	Value
Downside Target	33.19
Downside Target	34.19
Downside Target	35.70
Upside Target	37.71
Upside Target	37.97
Upside Target	38.25
Upside Target	38.30
Upside Target	38.31
Upside Target	38.54
Upside Target	39.04

Intraday share price targets for Ofg Bancorp (OFG)

Target Type	Value
Downside Intraday Target	36.03
Downside Intraday Target	35.19
Upside Intraday Target	37.38
Upside Intraday Target	37.89
Downside Intraday Target	36.54

Weekly technical analysis of Ofg Bancorp (OFG)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	36.87	36.90	37.05	35.70	0.474 times
24 Fri May 2024	36.89	37.71	37.97	36.28	1.368 times
17 Fri May 2024	37.82	38.11	38.31	37.41	0.841 times
10 Fri May 2024	37.85	37.77	38.30	37.35	0.806 times
03 Fri May 2024	37.34	36.50	37.71	36.05	0.82 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 Ofg Bancorp (OFG)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu May 2024	36.87	36.48	38.31	35.70	0.73 times
30 Tue Apr 2024	36.11	36.93	37.00	33.19	0.762 times
28 Thu Mar 2024	36.81	36.06	38.25	34.52	1.256 times
29 Thu Feb 2024	36.22	37.79	39.04	35.00	0.886 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Ofg Bancorp ( (OFG) ) 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 Ofg Bancorp ( (OFG) ) based on a short to mid 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 Ofg Bancorp ( (OFG) ) 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 Ofg Bancorp stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Ofg Bancorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Ofg Bancorp 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 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 36.98 and Ofg Bancorp (OFG) 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 Ofg Bancorp (OFG) stock. Volume based technical analysis of Ofg Bancorp (OFG) stock is negative.

Ofg Bancorp 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.