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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 2024-08-09 View latest technical analysis

10 day averaged volume of Globe Textiles is 1570795

Date Daily Closing Price Open High Low Volume
09 Fri Aug 2024 5.16 5.16 5.16 5.16 0.207 times
08 Thu Aug 2024 5.27 5.27 5.27 5.27 0.22 times
07 Wed Aug 2024 5.38 5.38 5.38 5.38 0.113 times
06 Tue Aug 2024 5.49 5.49 5.49 5.49 0.623 times
05 Mon Aug 2024 5.61 5.61 5.61 5.61 0.165 times
02 Fri Aug 2024 5.73 5.73 5.73 5.73 0.641 times
01 Thu Aug 2024 5.85 5.85 5.85 5.85 0.228 times
31 Wed Jul 2024 5.97 6.09 6.09 5.97 0.827 times
30 Tue Jul 2024 6.10 6.19 6.19 6.10 4.835 times
29 Mon Jul 2024 6.19 6.19 6.19 6.19 0.976 times

My analysis of stock is bullish for shortterm, and stock might move up till 6 or till 7.1. Use a stoploss of 5.09 and if this stock hits its stoploss, then it can fall down till 4.18

Share price targets for Globe Textiles (GLOBE_BE)

Target Type Value
Downside Target 3.20
Downside Target 3.45
Downside Target 3.60
Downside Target 3.70
Downside Target 4.35
Downside Target 4.74
Downside Target 5.16
Upside Target 5.61
Upside Target 5.73
Upside Target 5.85
Upside Target 5.90
Upside Target 6.19

Intraday share price targets for Globe Textiles (GLOBE_BE)

Target Type Value
Downside Intraday Target 5.01
Downside Intraday Target 4.86
Upside Intraday Target 5.46
Upside Intraday Target 5.76
Upside Intraday Target 5.31

Weekly technical analysis of Globe Textiles (GLOBE_BE)

Date Weekly Closing Price Open High Low Volume
09 Fri Aug 2024 5.16 5.61 5.61 5.16 0.177 times
02 Fri Aug 2024 5.73 6.19 6.19 5.73 0.662 times
26 Fri Jul 2024 5.90 4.84 5.90 4.74 5.209 times
19 Fri Apr 2024 3.75 3.50 3.75 3.45 0.188 times
12 Fri Apr 2024 3.55 3.45 3.60 3.20 15.879 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_BE)

Date Monthly Closing Price Open High Low Volume
09 Fri Aug 2024 5.16 5.85 5.85 5.16 0.122 times
31 Wed Jul 2024 5.97 4.84 6.19 4.74 1.243 times
19 Fri Apr 2024 3.75 3.65 3.75 3.20 3.72 times
28 Thu Mar 2024 3.70 4.25 4.35 3.70 0.441 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_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 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 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 above 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 5.96 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 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 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 above 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 5.96 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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