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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 2024-06-24 View latest technical analysis

10 day averaged volume of Globe Textiles is 5938624

Date Daily Closing Price Open High Low Volume
24 Mon Jun 2024 3.36 3.30 3.57 3.26 1.477 times
21 Fri Jun 2024 3.25 3.42 3.42 3.15 1.309 times
20 Thu Jun 2024 3.34 3.08 3.35 3.05 1.242 times
19 Wed Jun 2024 3.05 3.10 3.10 2.88 0.606 times
18 Tue Jun 2024 3.04 3.28 3.28 2.98 1.632 times
14 Fri Jun 2024 3.23 2.95 3.24 2.93 1.83 times
13 Thu Jun 2024 2.95 2.83 3.02 2.80 0.753 times
12 Wed Jun 2024 2.81 2.83 2.83 2.74 0.613 times
11 Tue Jun 2024 2.79 2.86 2.95 2.79 0.994 times
10 Mon Jun 2024 2.86 3.15 3.15 2.82 0.604 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3.4, for a target of 3.2 or 3.01

Share price targets for Globe Textiles (GLOBE)

Target Type Value
Downside Target 2.70
Downside Target 2.85
Downside Target 2.95
Downside Target 3.10
Downside Target 3.24
Downside Target 3.30
Upside Target 3.42
Upside Target 3.57
Upside Target 3.80
Upside Target 3.90
Upside Target 6.00

Intraday share price targets for Globe Textiles (GLOBE)

Target Type Value
Downside Intraday Target 3.22
Downside Intraday Target 3.09
Upside Intraday Target 3.53
Upside Intraday Target 3.71
Upside Intraday Target 3.4

Weekly technical analysis of Globe Textiles (GLOBE)

Date Weekly Closing Price Open High Low Volume
24 Mon Jun 2024 3.36 3.30 3.57 3.26 0.308 times
21 Fri Jun 2024 3.25 3.28 3.42 2.88 0.999 times
14 Fri Jun 2024 3.23 3.15 3.24 2.74 1.534 times
07 Fri Jun 2024 2.95 3.05 3.10 2.70 2.144 times
31 Fri May 2024 3.00 3.05 3.10 2.95 0.486 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 Globe Textiles (GLOBE)

Date Monthly Closing Price Open High Low Volume
24 Mon Jun 2024 3.36 3.05 3.57 2.70 1.327 times
31 Fri May 2024 3.00 3.55 3.80 2.85 1.783 times
30 Tue Apr 2024 3.50 3.80 3.90 3.30 0.691 times
29 Fri Sep 2023 5.75 3.25 6.00 3.25 26.476 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Globe Textiles 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.

Globe Textiles 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 Globe Textiles in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 3.12 and Globe Textiles (GLOBE) 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 Globe Textiles (GLOBE) stock. Volume based technical analysis of Globe Textiles (GLOBE) stock is negative.

Globe Textiles 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.

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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Globe Textiles 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.

Globe Textiles 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 Globe Textiles in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 3.12 and Globe Textiles (GLOBE) 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 Globe Textiles (GLOBE) stock. Volume based technical analysis of Globe Textiles (GLOBE) stock is negative.

Globe Textiles 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.

Click here for Globe Textiles charts

Click here for further forecast and predictions for tomorrow

Daily charts

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