(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 2024-10-17 View latest technical analysis
10 day averaged volume of Ofg Bancorp is 218580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 41.57 | 41.24 | 41.72 | 40.90 | 1.826 times |
| 16 Wed Oct 2024 | 41.35 | 42.87 | 43.73 | 41.14 | 2.29 times |
| 15 Tue Oct 2024 | 44.86 | 44.55 | 46.01 | 44.38 | 1.404 times |
| 14 Mon Oct 2024 | 44.41 | 44.27 | 44.56 | 43.86 | 1.055 times |
| 11 Fri Oct 2024 | 44.15 | 42.95 | 44.29 | 42.95 | 0.724 times |
| 10 Thu Oct 2024 | 42.75 | 42.25 | 42.76 | 42.05 | 0.735 times |
| 09 Wed Oct 2024 | 42.62 | 42.20 | 43.03 | 42.20 | 0.61 times |
| 08 Tue Oct 2024 | 42.34 | 42.87 | 42.90 | 42.32 | 0.739 times |
| 07 Mon Oct 2024 | 42.69 | 42.80 | 42.92 | 42.25 | 0.764 times |
| 04 Fri Oct 2024 | 43.06 | 43.30 | 43.30 | 42.75 | 1.045 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.3, but if it comes above 42.3, then a intra day buy could be more profitable.
If you take a sell trade below 42.3, then use 42.3 as stoploss and 41 as target. However if you take a buy trade in stock , then use 42.3 as stoploss and 43.41 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 | 39.29 |
| Downside Target | 40.90 |
| Upside Target | 41.78 |
| Upside Target | 43.36 |
| Upside Target | 45.19 |
| Upside Target | 45.93 |
| 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 | 39.64 |
| Downside Intraday Target | 37.72 |
| Upside Intraday Target | 44.75 |
| Upside Intraday Target | 47.94 |
| Upside Intraday Target | 42.83 |
Weekly technical analysis of Ofg Bancorp (OFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 41.57 | 44.27 | 46.01 | 40.90 | 1.84 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 |
| 20 Fri Sep 2024 | 44.68 | 44.10 | 45.93 | 43.36 | 1.819 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ofg Bancorp (OFG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 41.57 | 44.59 | 46.01 | 40.90 | 0.637 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ofg Bancorp ( (OFG) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Ofg Bancorp stock for short term is SELL. Signal strength is Weak 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Ofg Bancorp in short term and SELL signal is strong!
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 42.77 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.
Price action analysis of Ofg Bancorp ( (OFG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ofg Bancorp ( (OFG) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Ofg Bancorp stock for short term is SELL. Signal strength is Weak 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Ofg Bancorp in short term and SELL signal is strong!
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 42.77 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.