Mobile app version of munafa.org
Login or Join
 Learn then Earn

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

(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 2024-08-12 View latest technical analysis

10 day averaged volume of Globe Textiles is 1387689

Date Daily Closing Price Open High Low Volume
12 Mon Aug 2024 5.16 5.05 5.16 5.05 3.346 times
09 Fri Aug 2024 5.16 5.16 5.16 5.16 0.235 times
08 Thu Aug 2024 5.27 5.27 5.27 5.27 0.249 times
07 Wed Aug 2024 5.38 5.38 5.38 5.38 0.128 times
06 Tue Aug 2024 5.49 5.49 5.49 5.49 0.705 times
05 Mon Aug 2024 5.61 5.61 5.61 5.61 0.186 times
02 Fri Aug 2024 5.73 5.73 5.73 5.73 0.725 times
01 Thu Aug 2024 5.85 5.85 5.85 5.85 0.258 times
31 Wed Jul 2024 5.97 6.09 6.09 5.97 0.936 times
30 Tue Jul 2024 6.10 6.19 6.19 6.10 5.473 times

Stock of Globe Textiles (GLOBE_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 4.3 or till 3.3. Use a stoploss of 5.17 and if the stock hits stoploss, then it can shoot up till 6.01

Share price targets for Globe Textiles (GLOBE_BE)

Target Type Value
Downside Target 3.20
Downside Target 3.45
Downside Target 3.70
Downside Target 4.35
Downside Target 4.74
Downside Target 5.05
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 5.09
Downside Intraday Target 5.01
Upside Intraday Target 5.2
Upside Intraday Target 5.23
Downside Intraday Target 5.12

Weekly technical analysis of Globe Textiles (GLOBE_BE)

Date Weekly Closing Price Open High Low Volume
12 Mon Aug 2024 5.16 5.05 5.16 5.05 2.226 times
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

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
12 Mon Aug 2024 5.16 5.85 5.85 5.05 0.287 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 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 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 5.72 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 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 5.72 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.

Click here for Globe Textiles charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart
Back to top | Use Dark Theme