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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 2024-08-29 View latest technical analysis

10 day averaged volume of Ofg Bancorp is 155986

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	45.28	45.87	45.87	45.02	1.01 times
28 Wed Aug 2024	45.56	44.93	45.75	44.93	0.909 times
27 Tue Aug 2024	44.96	44.76	45.23	43.92	1.087 times
26 Mon Aug 2024	45.09	45.65	45.88	45.04	1.323 times
23 Fri Aug 2024	44.95	43.57	45.71	43.53	1.194 times
22 Thu Aug 2024	43.16	43.06	43.55	42.86	0.644 times
21 Wed Aug 2024	42.95	42.92	43.01	42.39	0.693 times
20 Tue Aug 2024	42.70	43.33	43.33	42.69	0.742 times
19 Mon Aug 2024	43.44	43.40	43.54	43.00	0.707 times
16 Fri Aug 2024	43.24	42.40	43.55	42.40	1.516 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.4, but if it comes below 44.4, then a intra day sell could be more profitable.
If you take a sell trade below 44.4, then use 44.4 as stoploss and 43 as target. However if you take a buy trade in stock , then use 44.4 as stoploss and 46.1 as target.

Share price targets for Ofg Bancorp (OFG)

Target Type	Value
Downside Target	33.19
Downside Target	35.63
Downside Target	36.68
Downside Target	37.93
Downside Target	39.29
Downside Target	41.17
Downside Target	43.55
Downside Target	43.92
Upside Target	45.71
Upside Target	45.88
Upside Target	46.57
Upside Target	47.57

Intraday share price targets for Ofg Bancorp (OFG)

Target Type	Value
Downside Intraday Target	44.17
Downside Intraday Target	43.07
Upside Intraday Target	46.13
Upside Intraday Target	46.99
Downside Intraday Target	45.03

Weekly technical analysis of Ofg Bancorp (OFG)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	45.28	45.65	45.88	43.92	1.088 times
23 Fri Aug 2024	44.95	43.40	45.71	42.39	0.631 times
16 Fri Aug 2024	43.24	41.95	43.55	41.17	1.05 times
09 Fri Aug 2024	41.79	40.75	42.35	39.29	0.85 times
02 Fri Aug 2024	42.51	46.55	46.57	41.66	0.543 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
29 Thu Aug 2024	45.28	45.16	45.88	39.29	0.587 times
31 Wed Jul 2024	45.42	37.48	47.57	36.68	1.286 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 SELL signal for Ofg Bancorp in short term but SELL signal is weak.

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 44.26 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.