Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-22 View latest technical analysis

10 day averaged volume of Globe Textiles is 926550

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	4.13	4.11	4.27	4.00	0.851 times
21 Thu Nov 2024	4.18	4.41	4.49	4.18	0.729 times
19 Tue Nov 2024	4.41	4.30	4.51	4.30	1.066 times
18 Mon Nov 2024	4.30	4.41	4.42	4.15	0.822 times
14 Thu Nov 2024	4.32	4.39	4.64	4.29	2.05 times
13 Wed Nov 2024	4.52	4.76	4.96	4.52	0.714 times
12 Tue Nov 2024	4.76	4.78	4.94	4.73	0.39 times
11 Mon Nov 2024	4.87	4.98	4.98	4.75	0.935 times
08 Fri Nov 2024	4.94	4.99	5.00	4.85	0.829 times
07 Thu Nov 2024	4.96	5.08	5.08	4.92	0.958 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4.2, but if it comes above 4.2, then a intra day buy could be more profitable.
If you take a sell trade below 4.2, then use 4.2 as stoploss and 3.8 as target. However if you take a buy trade in stock , then use 4.2 as stoploss and 4.55 as target.

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	4.00
Upside Target	4.29
Upside Target	4.51
Upside Target	4.71
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	3.92
Downside Intraday Target	3.7
Upside Intraday Target	4.43
Upside Intraday Target	4.72
Upside Intraday Target	4.21

Weekly technical analysis of Globe Textiles (GLOBE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	4.13	4.41	4.51	4.00	0.848 times
14 Thu Nov 2024	4.32	4.98	4.98	4.29	0.599 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

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 Fri Nov 2024	4.13	4.94	5.15	4.00	1.321 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 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 to mid 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 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 Strong and stock is gaining 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 LOWS in short term which reflects strong selling momentum. 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 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 4.51 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.