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

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

10 day averaged volume of Globe Textiles is 16400

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Oct 2020	50.60	49.00	50.60	49.00	3.049 times
30 Wed Sep 2020	46.00	46.00	46.00	46.00	0.244 times
29 Tue Sep 2020	48.00	47.90	48.00	47.90	0.366 times
28 Mon Sep 2020	48.75	50.00	50.00	48.75	1.707 times
25 Fri Sep 2020	49.00	49.00	49.10	49.00	1.829 times
24 Thu Sep 2020	49.00	49.00	49.00	49.00	0.122 times
23 Wed Sep 2020	50.00	50.00	50.00	49.85	0.854 times
22 Tue Sep 2020	49.85	49.50	50.00	48.95	3.659 times
21 Mon Sep 2020	50.00	50.00	50.00	50.00	0.122 times
17 Thu Sep 2020	50.00	50.00	50.00	50.00	0.122 times

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

My analysis of stock is bullish for shortterm, and stock might move up till 51.7 or till 54. Use a stoploss of 49.84 and if this stock hits its stoploss, then it can fall down till 47.94

Share price targets for Globe Textiles (GLOBE_SM)

Target Type	Value
Downside Target	26.45
Downside Target	33.85
Downside Target	35.50
Downside Target	46.00
Downside Target	48.00
Downside Target	50.00
Downside Target	50.45
Downside Target	50.60
Upside Target	55.50
Upside Target	60.25

Intraday share price targets for Globe Textiles (GLOBE_SM)

Target Type	Value
Downside Intraday Target	49.53
Downside Intraday Target	48.47
Upside Intraday Target	51.13
Upside Intraday Target	51.67
Downside Intraday Target	50.07

Weekly technical analysis of Globe Textiles (GLOBE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Oct 2020	50.60	49.00	50.60	49.00	1.316 times
30 Wed Sep 2020	46.00	50.00	50.00	46.00	0.352 times
25 Fri Sep 2020	49.00	50.00	50.00	48.95	6 times
17 Thu Sep 2020	50.00	49.00	50.00	48.00	9 times
25 Tue Aug 2020	50.45	50.45	50.45	50.45	0.2 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_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Oct 2020	50.60	49.00	50.60	49.00	0.305 times
30 Wed Sep 2020	46.00	49.00	50.00	46.00	4.824 times
25 Tue Aug 2020	50.45	55.50	55.50	48.05	0.038 times
31 Fri Jul 2020	55.20	35.50	60.25	35.50	1.674 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_SM)

Price action analysis of Globe Textiles ( (GLOBE_SM) ) 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_SM) ) based on a short to mid 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_SM) ) 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.

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

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Globe Textiles in short term and BUY 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 buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.63 and Globe Textiles (GLOBE_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Globe Textiles (GLOBE_SM) stock. Volume based technical analysis of Globe Textiles (GLOBE_SM) stock is negative.

Globe Textiles Stock is giving positive 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.