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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 2024-11-08 View latest technical analysis

10 day averaged volume of Ofg Bancorp is 366010

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	44.36	44.31	45.15	43.99	0.792 times
07 Thu Nov 2024	43.99	45.99	45.99	43.70	1.105 times
06 Wed Nov 2024	46.31	43.52	46.67	43.52	1.565 times
05 Tue Nov 2024	41.13	40.46	41.19	40.46	0.705 times
04 Mon Nov 2024	40.46	40.33	41.00	40.00	1.154 times
01 Fri Nov 2024	40.81	40.37	41.04	40.25	1.04 times
31 Thu Oct 2024	40.27	40.72	40.98	40.25	0.799 times
30 Wed Oct 2024	40.80	40.11	41.34	40.11	0.797 times
29 Tue Oct 2024	40.30	40.32	40.76	40.12	0.855 times
28 Mon Oct 2024	40.63	39.81	40.82	39.77	1.134 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.5, but if it comes below 43.5, then a intra day sell could be more profitable.
If you take a sell trade below 43.5, then use 43.5 as stoploss and 41.51 as target. However if you take a buy trade in stock , then use 43.5 as stoploss and 46 as target.

Share price targets for Ofg Bancorp (OFG)

Target Type	Value
Downside Target	36.68
Downside Target	38.89
Downside Target	42.05
Downside Target	44.29
Upside Target	46.00
Upside Target	46.01
Upside Target	46.07
Upside Target	46.67
Upside Target	47.57

Intraday share price targets for Ofg Bancorp (OFG)

Target Type	Value
Downside Intraday Target	40.68
Downside Intraday Target	37.01
Upside Intraday Target	47.35
Upside Intraday Target	50.35
Downside Intraday Target	43.68

Weekly technical analysis of Ofg Bancorp (OFG)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	44.36	40.33	46.67	40.00	1.15 times
01 Fri Nov 2024	40.81	39.81	41.34	39.77	0.991 times
25 Fri Oct 2024	38.97	40.69	40.69	38.89	0.919 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

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
08 Fri Nov 2024	44.36	40.37	46.67	40.00	0.361 times
31 Thu Oct 2024	40.27	44.59	46.01	38.89	1.364 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

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 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 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 moving up

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 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 42.18 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 negative.

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