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(GLOBE_BE) Globe Textiles complete technical analysis [charts+indicators] | Buy/Sell Globe Textiles | (GLOBE_BE) share price targets

Complete technical analysis of Globe Textiles (GLOBE_BE) by charts plus indicators, forecast predictions and share price targets for Globe Textiles (GLOBE_BE)

Showing technical analysis as on 2024-01-25 View latest technical analysis

10 day averaged volume of Globe Textiles is 178903

Date Daily Closing Price Open High Low Volume
25 Thu Jan 2024 4.05 4.05 4.05 4.05 0.477 times
24 Wed Jan 2024 4.10 4.10 4.10 4.10 0.442 times
23 Tue Jan 2024 4.15 4.15 4.15 4.15 2.307 times
22 Mon Jan 2024 4.20 4.20 4.20 4.20 3.71 times
19 Fri Jan 2024 4.25 4.25 4.25 4.25 0.473 times
18 Thu Jan 2024 4.30 4.30 4.30 4.30 0.148 times
17 Wed Jan 2024 4.35 4.35 4.35 4.35 0.216 times
16 Tue Jan 2024 4.40 4.40 4.40 4.40 0.357 times
15 Mon Jan 2024 4.45 4.45 4.45 4.45 0.754 times
12 Fri Jan 2024 4.55 4.55 4.55 4.55 0.951 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 as stoploss in an intra day buy trade for a target of 4.31. However, stock will show a bearish move below 4.

Share price targets for Globe Textiles (GLOBE_BE)

Target Type Value
Downside Target 2.75
Downside Target 3.20
Downside Target 3.65
Downside Target 3.75
Downside Target 3.85
Downside Target 4.00
Upside Target 4.20
Upside Target 4.40
Upside Target 4.45
Upside Target 4.85
Upside Target 5.75

Intraday share price targets for Globe Textiles (GLOBE_BE)

Target Type Value
Downside Intraday Target 4
Downside Intraday Target 3.95
Upside Intraday Target 4.15
Upside Intraday Target 4.25
Upside Intraday Target 4.1

Weekly technical analysis of Globe Textiles (GLOBE_BE)

Date Weekly Closing Price Open High Low Volume
25 Thu Jan 2024 4.05 4.20 4.20 4.05 3.562 times
19 Fri Jan 2024 4.25 4.45 4.45 4.25 0.117 times
12 Fri Jan 2024 4.55 4.60 4.85 4.40 0.731 times
05 Fri Jan 2024 4.45 3.90 4.45 3.85 2.575 times
29 Fri Dec 2023 3.95 3.95 4.00 3.85 0.778 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Globe Textiles (GLOBE_BE)

Date Monthly Closing Price Open High Low Volume
25 Thu Jan 2024 4.05 3.90 4.85 3.85 1.027 times
29 Fri Dec 2023 3.95 4.10 4.10 3.65 1.263 times
30 Thu Nov 2023 4.00 4.10 4.25 3.90 0.775 times
31 Tue Oct 2023 4.10 5.75 5.75 3.75 3.1 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_BE)

Price action analysis of Globe Textiles ( (GLOBE_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Globe Textiles ( (GLOBE_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Globe Textiles ( (GLOBE_BE) ) 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_BE) ) 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.

Globe Textiles Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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

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 4.24 and Globe Textiles (GLOBE_BE) 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_BE) stock. Volume based technical analysis of Globe Textiles (GLOBE_BE) 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.

Price action analysis of Globe Textiles ( (GLOBE_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Globe Textiles ( (GLOBE_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Globe Textiles ( (GLOBE_BE) ) 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_BE) ) 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.

Globe Textiles Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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

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 4.24 and Globe Textiles (GLOBE_BE) 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_BE) stock. Volume based technical analysis of Globe Textiles (GLOBE_BE) 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.

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Daily charts

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