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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 2024-12-11 View latest technical analysis

10 day averaged volume of Globale Tessile is 8213

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	32.99	31.50	32.99	30.15	1.929 times
10 Tue Dec 2024	31.42	31.85	32.50	30.05	0.619 times
09 Mon Dec 2024	31.23	31.45	31.45	29.50	1.412 times
06 Fri Dec 2024	30.00	30.75	30.75	28.01	1.212 times
05 Thu Dec 2024	29.35	31.00	31.00	28.50	0.8 times
04 Wed Dec 2024	29.83	30.23	30.96	29.30	1.255 times
03 Tue Dec 2024	29.49	32.00	32.00	29.49	1.982 times
02 Mon Dec 2024	31.05	28.31	31.20	28.31	0.45 times
29 Fri Nov 2024	29.76	30.36	31.24	29.76	0.823 times
28 Thu Nov 2024	29.76	31.05	32.50	29.49	1.265 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.4, but if it comes below 32.4, then a intra day sell could be more profitable.
If you take a sell trade below 32.4, then use 32.4 as stoploss and 31.18 as target. However if you take a buy trade in stock , then use 32.4 as stoploss and 33.9 as target.

Share price targets for Globale Tessile (GLOBALE_BE)

Target Type	Value
Downside Target	28.01
Downside Target	29.01
Downside Target	30.59
Downside Target	32.00
Downside Target	32.99
Upside Target	33.81
Upside Target	34.05
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	30.66
Downside Intraday Target	28.34
Upside Intraday Target	34.15
Upside Intraday Target	35.32
Downside Intraday Target	31.83

Weekly technical analysis of Globale Tessile (GLOBALE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	32.99	31.45	32.99	29.50	0.695 times
06 Fri Dec 2024	30.00	28.31	32.00	28.01	1.872 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

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
11 Wed Dec 2024	32.99	28.31	32.99	28.01	1.833 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, and volume has increased substantially. This means that the move can 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 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 Globale Tessile ( (GLOBALE_BE) ) based on a short to mid 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 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 Weak and stock is losing 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 HIGHS, which reflects strong buying momentum in short term! 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 Globale Tessile in short term and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY 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 30.56 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 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.