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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 2024-11-11 View latest technical analysis

10 day averaged volume of Globe Textiles is 1059604

Date Daily Closing Price Open High Low Volume
11 Mon Nov 2024 4.87 4.98 4.98 4.75 0.817 times
08 Fri Nov 2024 4.94 4.99 5.00 4.85 0.725 times
07 Thu Nov 2024 4.96 5.08 5.08 4.92 0.838 times
06 Wed Nov 2024 4.99 5.15 5.15 4.91 1.318 times
05 Tue Nov 2024 5.05 5.08 5.14 4.81 0.948 times
04 Mon Nov 2024 4.98 5.10 5.10 4.71 2.142 times
01 Fri Nov 2024 4.91 4.94 4.94 4.70 0.868 times
31 Thu Oct 2024 4.71 4.67 4.72 4.55 1.476 times
30 Wed Oct 2024 4.50 4.25 4.50 4.25 0.518 times
29 Tue Oct 2024 4.29 4.25 4.29 4.14 0.68 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 5 as stoploss in an intra day sell trade for a target of 4.66. However, stock will show a bullish move above 5.

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 3.77
Downside Target 3.90
Downside Target 4.53
Downside Target 4.70
Upside Target 4.94
Upside Target 5.08
Upside Target 5.15
Upside Target 5.25

Intraday share price targets for Globe Textiles (GLOBE)

Target Type Value
Downside Intraday Target 4.75
Downside Intraday Target 4.64
Upside Intraday Target 4.98
Upside Intraday Target 5.1
Downside Intraday Target 4.87

Weekly technical analysis of Globe Textiles (GLOBE)

Date Weekly Closing Price Open High Low Volume
11 Mon Nov 2024 4.87 4.98 4.98 4.75 0.137 times
08 Fri Nov 2024 4.94 5.10 5.15 4.71 1.481 times
01 Fri Nov 2024 4.91 3.77 4.94 3.77 0.574 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

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
11 Mon Nov 2024 4.87 4.94 5.15 4.70 0.752 times
31 Thu Oct 2024 4.71 5.25 5.25 3.77 0.08 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

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 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 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 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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Globe Textiles in short term but SELL 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 4.86 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 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 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 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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Globe Textiles in short term but SELL 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 4.86 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

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