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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 2024-10-30 View latest technical analysis

10 day averaged volume of Globe Textiles is 5238880

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	4.50	4.25	4.50	4.25	0.105 times
29 Tue Oct 2024	4.29	4.25	4.29	4.14	0.138 times
28 Mon Oct 2024	4.09	3.77	4.09	3.77	0.099 times
25 Fri Oct 2024	3.90	4.09	4.09	3.90	0.302 times
24 Thu Oct 2024	4.11	4.20	4.49	4.11	0.215 times
23 Wed Oct 2024	4.33	4.31	4.47	4.28	0.231 times
22 Tue Oct 2024	4.51	4.61	4.80	4.51	0.293 times
21 Mon Oct 2024	4.75	5.25	5.25	4.75	0.377 times
19 Fri Jul 2024	4.99	4.98	5.00	4.53	2.847 times
18 Thu Jul 2024	4.77	5.08	5.08	4.77	2.361 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 4.7 as stoploss in an intra day sell trade for a target of 4.28. However, stock will show a bullish move above 4.7.

Share price targets for Globe Textiles (GLOBE)

Target Type	Value
Downside Target	2.70
Downside Target	2.85
Downside Target	3.29
Downside Target	3.57
Downside Target	3.65
Downside Target	3.77
Downside Target	3.90
Downside Target	3.99
Downside Target	4.50
Upside Target	4.60
Upside Target	5.08
Upside Target	5.25

Intraday share price targets for Globe Textiles (GLOBE)

Target Type	Value
Downside Intraday Target	4.01
Downside Intraday Target	3.53
Upside Intraday Target	4.74
Upside Intraday Target	4.99
Downside Intraday Target	4.26

Weekly technical analysis of Globe Textiles (GLOBE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	4.50	3.77	4.50	3.77	0.24 times
25 Fri Oct 2024	3.90	5.25	5.25	3.90	0.148 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

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
30 Wed Oct 2024	4.50	5.25	5.25	3.77	0.069 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

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

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Globe Textiles in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 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.