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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)

10 day averaged volume of Globe Textiles is 4172563

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	3.70	3.75	3.75	3.65	0.291 times
22 Mon Apr 2024	3.75	3.80	3.90	3.70	0.517 times
29 Fri Sep 2023	5.75	5.90	5.90	5.65	0.598 times
28 Thu Sep 2023	5.65	6.00	6.00	5.25	1.895 times
27 Wed Sep 2023	5.75	5.25	5.85	5.10	3.107 times
26 Tue Sep 2023	4.95	4.40	5.05	4.30	1.39 times
25 Mon Sep 2023	4.30	4.45	4.45	4.10	0.212 times
22 Fri Sep 2023	4.30	4.30	4.40	4.10	0.287 times
21 Thu Sep 2023	4.30	4.75	4.90	4.20	0.798 times
20 Wed Sep 2023	4.60	4.40	4.65	4.35	0.555 times

My analysis of stock is bearish for shortterm, and stock might move down till 3.2 or till 2.2. Use a stoploss of 4.11 and if the stock hits stoploss, then it can shoot up till 4.98

Share price targets for Globe Textiles (GLOBE)

Target Type	Value
Downside Target	2.35
Downside Target	2.80
Downside Target	3.05
Downside Target	3.20
Downside Target	3.65
Upside Target	3.90
Upside Target	4.10
Upside Target	4.30
Upside Target	4.90
Upside Target	6.00

Intraday share price targets for Globe Textiles (GLOBE)

Target Type	Value
Downside Intraday Target	3.6
Downside Intraday Target	3.5
Upside Intraday Target	3.85
Upside Intraday Target	4
Upside Intraday Target	3.75

Weekly technical analysis of Globe Textiles (GLOBE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	3.70	3.80	3.90	3.65	0.112 times
29 Fri Sep 2023	5.75	4.45	6.00	4.10	3.156 times
22 Fri Sep 2023	4.30	4.25	4.90	4.10	0.797 times
15 Fri Sep 2023	4.10	3.25	4.30	3.25	14.535 times
06 Tue Jun 2023	2.95	2.95	2.95	2.90	0.302 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
23 Tue Apr 2024	3.70	3.80	3.90	3.65	0.065 times
29 Fri Sep 2023	5.75	3.25	6.00	3.25	26.476 times
06 Tue Jun 2023	2.95	2.90	2.95	2.85	0.221 times
31 Wed May 2023	2.90	2.95	3.05	2.80	1.045 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 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 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 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 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 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 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 5.19 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.