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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 2024-12-27 View latest technical analysis

10 day averaged volume of Globe Textiles is 1906357

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	4.57	4.80	4.80	4.33	0.778 times
26 Thu Dec 2024	4.72	4.60	4.90	4.60	0.759 times
24 Tue Dec 2024	4.60	4.44	4.74	4.44	1.068 times
23 Mon Dec 2024	4.41	4.75	4.84	4.26	1.177 times
20 Fri Dec 2024	4.72	4.95	4.99	4.65	0.467 times
19 Thu Dec 2024	4.91	4.75	4.98	4.64	0.573 times
18 Wed Dec 2024	4.81	4.92	4.95	4.76	0.403 times
17 Tue Dec 2024	4.89	4.97	5.03	4.67	0.999 times
16 Mon Dec 2024	4.91	4.94	5.00	4.83	0.713 times
13 Fri Dec 2024	4.88	4.75	4.98	4.61	1.635 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4.5 as stoploss in an intra day buy trade for a target of 4.81. However, stock will show a bearish move below 4.5.

Share price targets for Globe Textiles (GLOBE)

Target Type	Value
Downside Target	2.70
Downside Target	3.29
Downside Target	3.57
Downside Target	3.77
Downside Target	4.00
Downside Target	4.13
Downside Target	4.26
Downside Target	4.53
Upside Target	4.90
Upside Target	5.08
Upside Target	5.15
Upside Target	5.25
Upside Target	5.74

Intraday share price targets for Globe Textiles (GLOBE)

Target Type	Value
Downside Intraday Target	4.25
Downside Intraday Target	3.94
Upside Intraday Target	4.89
Upside Intraday Target	5.22
Upside Intraday Target	4.58

Weekly technical analysis of Globe Textiles (GLOBE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	4.57	4.75	4.90	4.26	1.198 times
20 Fri Dec 2024	4.72	4.94	5.03	4.64	0.397 times
13 Fri Dec 2024	4.88	4.91	5.74	4.61	2.813 times
06 Fri Dec 2024	4.81	4.36	4.99	4.31	1.288 times
29 Fri Nov 2024	4.35	4.27	4.53	4.13	1.3 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
27 Fri Dec 2024	4.57	4.36	5.74	4.26	1.831 times
29 Fri Nov 2024	4.35	4.94	5.15	4.00	1.709 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 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 positive zone. This is a BUY zone

Stock of Globe Textiles is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.73 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.