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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 2025-05-13 View latest technical analysis

10 day averaged volume of Globe Textiles is 1264034

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue May 2025	2.33	2.31	2.35	2.24	2.344 times
12 Mon May 2025	2.24	2.24	2.24	2.15	0.74 times
09 Fri May 2025	2.14	2.20	2.20	2.08	0.981 times
08 Thu May 2025	2.19	2.18	2.27	2.18	0.468 times
07 Wed May 2025	2.18	2.14	2.24	2.12	0.493 times
06 Tue May 2025	2.18	2.30	2.30	2.15	2.122 times
05 Mon May 2025	2.27	2.38	2.42	2.27	2.26 times
02 Fri May 2025	2.39	2.46	2.48	2.35	0.664 times
30 Wed Apr 2025	2.45	2.58	2.63	2.45	1.42 times
29 Tue Apr 2025	2.58	2.66	2.66	2.56	0.214 times

Stock of Globe Textiles (GLOBE_BE) has showed a significant upmove. This could be a good time to enter in this stock!

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 2.3 as stoploss in an intra day buy trade for a target of 2.52. However, stock will show a bearish move below 2.3.

Share price targets for Globe Textiles (GLOBE_BE)

Target Type	Value
Downside Target	2.08
Downside Target	2.15
Upside Target	2.35
Upside Target	2.66
Upside Target	2.78
Upside Target	2.88
Upside Target	2.94
Upside Target	3.00
Upside Target	4.58
Upside Target	4.59
Upside Target	5.53
Upside Target	6.24

Intraday share price targets for Globe Textiles (GLOBE_BE)

Target Type	Value
Downside Intraday Target	2.2
Downside Intraday Target	2.08
Upside Intraday Target	2.4
Upside Intraday Target	2.48
Downside Intraday Target	2.28

Weekly technical analysis of Globe Textiles (GLOBE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue May 2025	2.33	2.24	2.35	2.15	0.488 times
09 Fri May 2025	2.14	2.38	2.42	2.08	2.154 times
02 Fri May 2025	2.39	2.59	2.66	2.35	0.796 times
25 Fri Apr 2025	2.58	2.88	2.88	2.50	2.725 times
17 Thu Apr 2025	2.84	2.78	2.94	2.78	0.53 times

Price has moved up 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
13 Tue May 2025	2.33	2.46	2.48	2.08	0.847 times
30 Wed Apr 2025	2.45	2.45	2.94	2.44	2.842 times
28 Fri Mar 2025	2.43	3.00	3.00	2.39	0.576 times
18 Fri Oct 2024	5.00	5.35	5.53	4.58	0.219 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Globe Textiles ( (GLOBE_BE) ) 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_BE) ) based on a short to mid 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_BE) ) based on a mid to longer 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.

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 BUY signal for Globe Textiles in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 moving up

CCI has generated a buy signal for Globe Textiles in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 2.28 and Globe Textiles (GLOBE_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

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