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(GLOBE) Globe Textiles complete technical analysis [charts+indicators] | Buy/Sell Globe Textiles | (GLOBE) share price targets

Complete technical analysis of Globe Textiles (GLOBE) by charts plus indicators, forecast predictions and share price targets for Globe Textiles (GLOBE)

Showing technical analysis as on 2024-04-22 View latest technical analysis

10 day averaged volume of Globe Textiles is 4228248

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	3.75	3.80	3.90	3.70	0.51 times
29 Fri Sep 2023	5.75	5.90	5.90	5.65	0.59 times
28 Thu Sep 2023	5.65	6.00	6.00	5.25	1.87 times
27 Wed Sep 2023	5.75	5.25	5.85	5.10	3.066 times
26 Tue Sep 2023	4.95	4.40	5.05	4.30	1.372 times
25 Mon Sep 2023	4.30	4.45	4.45	4.10	0.209 times
22 Fri Sep 2023	4.30	4.30	4.40	4.10	0.284 times
21 Thu Sep 2023	4.30	4.75	4.90	4.20	0.788 times
20 Wed Sep 2023	4.60	4.40	4.65	4.35	0.547 times
18 Mon Sep 2023	4.30	4.25	4.45	4.15	0.633 times

My analysis of stock is bearish for shortterm, and stock might move down till 3.2 or till 2.1. Use a stoploss of 4.07 and if the stock hits stoploss, then it can shoot up till 4.98

Share price targets for Globe Textiles (GLOBE)

Target Type	Value
Downside Target	2.35
Downside Target	2.80
Downside Target	3.05
Downside Target	3.20
Downside Target	3.70
Upside Target	3.90
Upside Target	4.10
Upside Target	4.30
Upside Target	4.90
Upside Target	6.00

Intraday share price targets for Globe Textiles (GLOBE)

Target Type	Value
Downside Intraday Target	3.67
Downside Intraday Target	3.58
Upside Intraday Target	3.87
Upside Intraday Target	3.98
Upside Intraday Target	3.78

Weekly technical analysis of Globe Textiles (GLOBE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	3.75	3.80	3.90	3.70	0.072 times
29 Fri Sep 2023	5.75	4.45	6.00	4.10	3.156 times
22 Fri Sep 2023	4.30	4.25	4.90	4.10	0.797 times
15 Fri Sep 2023	4.10	3.25	4.30	3.25	14.535 times
06 Tue Jun 2023	2.95	2.95	2.95	2.90	0.302 times

Price has moved down 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 Globe Textiles (GLOBE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	3.75	3.80	3.90	3.70	0.042 times
29 Fri Sep 2023	5.75	3.25	6.00	3.25	26.476 times
06 Tue Jun 2023	2.95	2.90	2.95	2.85	0.221 times
31 Wed May 2023	2.90	2.95	3.05	2.80	1.045 times

Scroll below to view daily charts

Price has moved down 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 Globe Textiles (GLOBE)

Price action analysis of Globe Textiles ( (GLOBE) ) 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 Globe Textiles ( (GLOBE) ) 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 Globe Textiles ( (GLOBE) ) 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 Globe Textiles stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Globe Textiles in short term and the buy signal is strong.

Globe Textiles 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Globe Textiles in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Globe Textiles is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5.17 and Globe Textiles (GLOBE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Globe Textiles (GLOBE) stock. Volume based technical analysis of Globe Textiles (GLOBE) stock is negative.

Globe Textiles Stock has given negative 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.