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(GLOBALE_BE) Globale Tessile complete technical analysis [charts+indicators] | Buy/Sell Globale Tessile | (GLOBALE_BE) share price targets

Complete technical analysis of Globale Tessile (GLOBALE_BE) by charts plus indicators, forecast predictions and share price targets for Globale Tessile (GLOBALE_BE)

Showing technical analysis as on 2024-12-02 View latest technical analysis

10 day averaged volume of Globale Tessile is 2946

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	31.05	28.31	31.20	28.31	1.254 times
29 Fri Nov 2024	29.76	30.36	31.24	29.76	2.294 times
28 Thu Nov 2024	29.76	31.05	32.50	29.49	3.525 times
27 Wed Nov 2024	31.05	30.64	32.78	30.64	0.508 times
26 Tue Nov 2024	31.42	30.64	31.42	29.84	0.144 times
25 Mon Nov 2024	31.42	30.77	33.00	29.97	2.019 times
22 Fri Nov 2024	31.55	33.50	33.50	31.55	0.152 times
21 Thu Nov 2024	32.00	29.01	32.06	29.01	0.372 times
19 Tue Nov 2024	30.54	32.00	32.88	30.36	0.572 times
18 Mon Nov 2024	31.95	33.81	33.81	31.11	0.161 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 30.8 as stoploss in an intra day buy trade for a target of 32.18. However, stock will show a bearish move below 30.8.

Share price targets for Globale Tessile (GLOBALE_BE)

Target Type	Value
Downside Target	28.31
Downside Target	29.01
Downside Target	30.59
Upside Target	33.00
Upside Target	33.81
Upside Target	34.20
Upside Target	35.63
Upside Target	37.62
Upside Target	60.00
Upside Target	63.04
Upside Target	87.00

Intraday share price targets for Globale Tessile (GLOBALE_BE)

Target Type	Value
Downside Intraday Target	29.17
Downside Intraday Target	27.3
Upside Intraday Target	32.06
Upside Intraday Target	33.08
Downside Intraday Target	30.19

Weekly technical analysis of Globale Tessile (GLOBALE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	31.05	28.31	31.20	28.31	0.148 times
29 Fri Nov 2024	29.76	30.77	33.00	29.49	6.76 times
22 Fri Nov 2024	31.55	33.81	33.81	29.01	0.841 times
14 Thu Nov 2024	32.75	33.99	34.05	30.59	0.52 times
08 Fri Nov 2024	33.99	33.72	35.63	31.50	0.928 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 Globale Tessile (GLOBALE_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	31.05	28.31	31.20	28.31	0.085 times
29 Fri Nov 2024	29.76	31.21	35.63	29.01	0.731 times
31 Thu Oct 2024	30.60	36.40	37.62	29.75	0.533 times
30 Mon Sep 2024	36.70	60.00	60.00	34.20	4.218 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 Globale Tessile (GLOBALE_BE)

Price action analysis of Globale Tessile ( (GLOBALE_BE) ) based on a short 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.

Price action analysis of Globale Tessile ( (GLOBALE_BE) ) 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 Globale Tessile ( (GLOBALE_BE) ) based on a short to mid 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.

Price action analysis of Globale Tessile ( (GLOBALE_BE) ) 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 Globale Tessile stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Globale Tessile in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Globale Tessile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Globale Tessile in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Globale Tessile is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 30.47 and Globale Tessile (GLOBALE_BE) 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 Globale Tessile (GLOBALE_BE) stock. Volume based technical analysis of Globale Tessile (GLOBALE_BE) stock is negative.

Globale Tessile 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.