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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.

10 day averaged volume of Ofg Bancorp is 145540

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 37.91 38.00 38.09 37.86 0.717 times
15 Wed May 2024 38.14 38.04 38.27 37.93 1.125 times
14 Tue May 2024 37.68 38.04 38.10 37.41 0.705 times
13 Mon May 2024 37.61 38.11 38.11 37.41 1.064 times
10 Fri May 2024 37.85 38.30 38.30 37.74 0.834 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 38 as stoploss in an intra day sell trade for a target of 37.06. However, stock will show a bullish move above 38.

Share price targets for Ofg Bancorp (OFG)

Target Type Value
Downside Target 33.19
Downside Target 34.19
Downside Target 36.05
Downside Target 37.41
Downside Target 37.71
Upside Target 38.25
Upside Target 38.27
Upside Target 38.30
Upside Target 38.54
Upside Target 39.04

Intraday share price targets for Ofg Bancorp (OFG)

Target Type Value
Downside Intraday Target 37.46
Downside Intraday Target 37
Upside Intraday Target 38.32
Upside Intraday Target 38.72
Downside Intraday Target 37.86

Weekly technical analysis of Ofg Bancorp (OFG)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 37.91 38.11 38.27 37.41 0.678 times
10 Fri May 2024 37.85 37.77 38.30 37.35 0.806 times
03 Fri May 2024 37.34 36.50 37.71 36.05 0.82 times
26 Fri Apr 2024 36.30 35.29 37.00 35.26 1.212 times
19 Fri Apr 2024 34.82 34.50 34.83 33.19 1.419 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
16 Thu May 2024 37.91 36.48 38.30 36.29 0.408 times
30 Tue Apr 2024 36.11 36.93 37.00 33.19 0.762 times
28 Thu Mar 2024 36.81 36.06 38.25 34.52 1.256 times
29 Thu Feb 2024 36.22 37.79 39.04 35.00 0.925 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 21, 13, 22 Buy
MACD 1, 1Buy
Stochastics 76Buy
CCI 39Sell
RSI 62Buy
OBV 780596Sell
VWAP 38Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Ofg Bancorp ( (OFG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 losing momentum.

MACD generated a BUY signal for Ofg Bancorp in short term and the buy signal is strong.

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 red color and prices are in or above the red 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

Although the stock is in the BUY zone, but buying 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 37.86 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.

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