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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 2024-07-23 View latest technical analysis

10 day averaged volume of Ofg Bancorp is 308895

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	46.84	45.02	47.57	45.02	1.975 times
22 Mon Jul 2024	45.35	44.05	45.40	43.73	1.013 times
19 Fri Jul 2024	43.66	43.23	44.46	43.03	0.862 times
18 Thu Jul 2024	43.00	42.82	44.21	41.97	0.937 times
17 Wed Jul 2024	43.06	42.18	43.52	42.18	1.49 times
16 Tue Jul 2024	42.33	40.89	42.76	40.85	1.271 times
15 Mon Jul 2024	40.46	39.96	41.21	39.95	1.032 times
12 Fri Jul 2024	39.45	39.45	39.74	39.17	1.048 times
11 Thu Jul 2024	39.05	38.65	39.32	38.24	0.959 times
10 Wed Jul 2024	37.93	37.46	37.98	37.40	0.656 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 46.5, for a target of 42.8 or 39.69

Share price targets for Ofg Bancorp (OFG)

Target Type	Value
Downside Target	33.19
Downside Target	34.52
Downside Target	35.63
Downside Target	36.68
Downside Target	37.87
Downside Target	38.31
Downside Target	39.74
Downside Target	39.95
Downside Target	43.73
Downside Target	44.46
Upside Target	47.57

Intraday share price targets for Ofg Bancorp (OFG)

Target Type	Value
Downside Intraday Target	44.52
Downside Intraday Target	42.21
Upside Intraday Target	48.36
Upside Intraday Target	49.89
Downside Intraday Target	46.05

Weekly technical analysis of Ofg Bancorp (OFG)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	46.84	44.05	47.57	43.73	0.534 times
19 Fri Jul 2024	43.66	39.96	44.46	39.95	1.448 times
12 Fri Jul 2024	39.45	37.07	39.74	36.88	4.109 times
05 Fri Jul 2024	36.77	37.81	37.87	36.68	0.627 times
03 Wed Jul 2024	37.21	37.48	38.10	37.11	0.416 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
23 Tue Jul 2024	46.84	37.48	47.57	36.68	0.936 times
28 Fri Jun 2024	37.45	37.56	37.93	35.63	1.37 times
31 Fri May 2024	37.16	36.48	38.31	35.70	0.802 times
30 Tue Apr 2024	36.11	36.93	37.00	33.19	0.762 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 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 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 stronger in this stock.

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 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 42.67 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.