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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 261750

Date Daily Closing Price Open High Low Volume
22 Fri Nov 2024 45.52 44.67 45.65 44.55 0.912 times
21 Thu Nov 2024 44.41 43.77 44.84 43.70 0.809 times
20 Wed Nov 2024 43.44 43.42 43.61 42.85 0.787 times
19 Tue Nov 2024 43.44 42.86 43.58 42.58 0.625 times
18 Mon Nov 2024 43.46 43.70 43.92 43.45 0.787 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 45, but if it comes below 45, then a intra day sell could be more profitable.
If you take a sell trade below 45, then use 45 as stoploss and 43.08 as target. However if you take a buy trade in stock , then use 45 as stoploss and 47.3 as target.

Share price targets for Ofg Bancorp (OFG)

Target Type Value
Downside Target 36.68
Downside Target 38.89
Downside Target 43.27
Upside Target 45.65
Upside Target 45.81
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 43.52
Downside Intraday Target 41.51
Upside Intraday Target 46.59
Upside Intraday Target 47.65
Downside Intraday Target 44.58

Weekly technical analysis of Ofg Bancorp (OFG)

Date Weekly Closing Price Open High Low Volume
22 Fri Nov 2024 45.52 43.70 45.65 42.58 0.645 times
15 Fri Nov 2024 43.77 45.05 45.81 43.27 0.817 times
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

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
22 Fri Nov 2024 45.52 40.37 46.67 40.00 0.766 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 1.215 times
30 Fri Aug 2024 45.99 45.16 46.00 39.29 0.657 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 34, 17, 33 Buy
MACD 1, 1Buy
Stochastics 58None
CCI 98Buy
RSI 62Buy
OBV -247600Sell
VWAP 44Buy
ADL 0Sell
ROC 3Buy
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

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

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 44.38 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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