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(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 2024-10-24 View latest technical analysis

10 day averaged volume of Ofg Bancorp is 325760

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	39.81	39.68	40.00	39.09	0.976 times
23 Wed Oct 2024	39.55	39.76	40.09	39.11	0.963 times
22 Tue Oct 2024	40.10	39.73	40.26	39.72	1.291 times
21 Mon Oct 2024	39.69	40.69	40.69	39.67	1.061 times
18 Fri Oct 2024	40.76	41.67	41.67	40.69	1.294 times
17 Thu Oct 2024	41.57	41.24	41.72	40.90	1.225 times
16 Wed Oct 2024	41.35	42.87	43.73	41.14	1.537 times
15 Tue Oct 2024	44.86	44.55	46.01	44.38	0.942 times
14 Mon Oct 2024	44.41	44.27	44.56	43.86	0.708 times
11 Fri Oct 2024	44.15	42.95	44.29	42.95	0.486 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.6, but if it comes above 40.6, then a intra day buy could be more profitable.
If you take a sell trade below 40.6, then use 40.6 as stoploss and 38.6 as target. However if you take a buy trade in stock , then use 40.6 as stoploss and 42.32 as target.

Share price targets for Ofg Bancorp (OFG)

Target Type	Value
Downside Target	35.63
Downside Target	36.68
Downside Target	37.93
Downside Target	39.09
Upside Target	40.69
Upside Target	41.78
Upside Target	43.73
Upside Target	45.19
Upside Target	45.22
Upside Target	46.00
Upside Target	46.01
Upside Target	46.07
Upside Target	47.57

Intraday share price targets for Ofg Bancorp (OFG)

Target Type	Value
Downside Intraday Target	39.04
Downside Intraday Target	38.26
Upside Intraday Target	40.64
Upside Intraday Target	41.46
Upside Intraday Target	39.86

Weekly technical analysis of Ofg Bancorp (OFG)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	39.81	40.69	40.69	39.09	0.752 times
18 Fri Oct 2024	40.76	44.27	46.01	40.69	2.38 times
11 Fri Oct 2024	44.15	42.80	44.29	42.05	0.788 times
04 Fri Oct 2024	43.06	44.21	45.22	42.04	0.894 times
27 Fri Sep 2024	44.41	44.96	45.19	43.73	0.631 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
24 Thu Oct 2024	39.81	44.59	46.01	39.09	1.021 times
30 Mon Sep 2024	44.92	45.63	46.07	41.78	1.16 times
30 Fri Aug 2024	45.99	45.16	46.00	39.29	0.646 times
31 Wed Jul 2024	45.42	37.48	47.57	36.68	1.286 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 Ofg Bancorp (OFG)

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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 41.32 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 negative.

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