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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 2024-04-02 View latest technical analysis

10 day averaged volume of Globe Textiles is 106813

Date Daily Closing Price Open High Low Volume
02 Tue Apr 2024 3.60 3.60 3.60 3.60 0.51 times
01 Mon Apr 2024 3.65 3.65 3.65 3.65 0.472 times
28 Thu Mar 2024 3.70 3.70 3.70 3.70 0.313 times
27 Wed Mar 2024 3.75 3.75 3.75 3.75 2.254 times
26 Tue Mar 2024 3.80 3.85 3.85 3.80 0.523 times
22 Fri Mar 2024 3.85 3.85 3.85 3.85 0.356 times
21 Thu Mar 2024 3.90 3.90 3.90 3.90 0.915 times
20 Wed Mar 2024 3.95 3.95 3.95 3.95 1.119 times
19 Tue Mar 2024 4.00 4.00 4.00 4.00 0.583 times
18 Mon Mar 2024 4.05 4.05 4.05 4.05 1.096 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 3.5, for a target of 3.8 or 4.04

Share price targets for Globe Textiles (GLOBE_BE)

Target Type Value
Downside Target 3.60
Upside Target 3.85
Upside Target 4.05
Upside Target 4.10
Upside Target 4.15
Upside Target 4.30
Upside Target 4.35
Upside Target 4.75
Upside Target 4.85

Intraday share price targets for Globe Textiles (GLOBE_BE)

Target Type Value
Downside Intraday Target 3.58
Downside Intraday Target 3.57
Upside Intraday Target 3.63
Upside Intraday Target 3.67
Upside Intraday Target 3.62

Weekly technical analysis of Globe Textiles (GLOBE_BE)

Date Weekly Closing Price Open High Low Volume
02 Tue Apr 2024 3.60 3.65 3.65 3.60 0.318 times
28 Thu Mar 2024 3.70 3.85 3.85 3.70 0.759 times
22 Fri Mar 2024 3.85 4.05 4.05 3.85 0.279 times
15 Fri Mar 2024 4.10 4.30 4.30 4.10 0.415 times
07 Thu Mar 2024 4.35 4.15 4.35 4.15 1.477 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
02 Tue Apr 2024 3.60 3.65 3.65 3.60 0.017 times
28 Thu Mar 2024 3.70 4.25 4.35 3.70 0.441 times
29 Thu Feb 2024 4.30 4.00 4.75 3.75 1.43 times
31 Wed Jan 2024 4.00 3.90 4.85 3.85 1.152 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 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 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 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 and the sell signal is strong.

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 buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.84 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 negative.

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 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 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 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 and the sell signal is strong.

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 buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.84 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 negative.

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

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