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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 2024-10-24 View latest technical analysis

10 day averaged volume of Globe Textiles is 7947417

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	4.11	4.20	4.49	4.11	0.142 times
23 Wed Oct 2024	4.33	4.31	4.47	4.28	0.152 times
22 Tue Oct 2024	4.51	4.61	4.80	4.51	0.193 times
21 Mon Oct 2024	4.75	5.25	5.25	4.75	0.249 times
19 Fri Jul 2024	4.99	4.98	5.00	4.53	1.877 times
18 Thu Jul 2024	4.77	5.08	5.08	4.77	1.557 times
16 Tue Jul 2024	5.03	4.67	5.06	4.60	2.068 times
15 Mon Jul 2024	4.60	4.71	4.71	4.55	0.827 times
12 Fri Jul 2024	4.42	4.48	4.60	4.29	0.912 times
11 Thu Jul 2024	4.35	4.30	4.48	4.23	1.193 times

My analysis of stock is bearish for shortterm, and stock might move down till 3.6 or till 2.9. Use a stoploss of 4.12 and if the stock hits stoploss, then it can shoot up till 4.68

Share price targets for Globe Textiles (GLOBE)

Target Type	Value
Downside Target	2.70
Downside Target	2.85
Downside Target	3.17
Downside Target	3.29
Downside Target	3.57
Downside Target	3.65
Downside Target	3.80
Downside Target	3.90
Downside Target	3.99
Downside Target	4.11
Upside Target	4.53
Upside Target	5.08
Upside Target	5.25

Intraday share price targets for Globe Textiles (GLOBE)

Target Type	Value
Downside Intraday Target	3.73
Downside Intraday Target	3.35
Upside Intraday Target	4.87
Upside Intraday Target	5.63
Upside Intraday Target	4.49

Weekly technical analysis of Globe Textiles (GLOBE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	4.11	5.25	5.25	4.11	0.116 times
19 Fri Jul 2024	4.99	4.71	5.08	4.53	1.037 times
12 Fri Jul 2024	4.42	4.33	4.60	3.65	1.376 times
05 Fri Jul 2024	3.99	3.39	3.99	3.29	1.5 times
28 Fri Jun 2024	3.32	3.30	3.57	3.17	0.827 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
24 Thu Oct 2024	4.11	5.25	5.25	4.11	0.044 times
19 Fri Jul 2024	4.99	3.39	5.08	3.29	1.355 times
28 Fri Jun 2024	3.32	3.05	3.57	2.70	1.559 times
31 Fri May 2024	3.00	3.55	3.80	2.85	1.783 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 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 Globe Textiles ( (GLOBE) ) 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 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 SELL signal for Globe Textiles in short term but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

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 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 4.75 and Globe Textiles (GLOBE) stock is trading below this level. This means that stock is falling with high volumes. 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 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.