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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 2025-04-21 View latest technical analysis

10 day averaged volume of Globe Textiles is 708998

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	2.79	2.88	2.88	2.78	1.421 times
17 Thu Apr 2025	2.84	2.94	2.94	2.80	0.836 times
16 Wed Apr 2025	2.87	2.84	2.92	2.80	0.985 times
15 Tue Apr 2025	2.80	2.78	2.87	2.78	0.593 times
11 Fri Apr 2025	2.77	2.85	2.85	2.73	1.281 times
09 Wed Apr 2025	2.79	2.83	2.85	2.69	0.763 times
08 Tue Apr 2025	2.81	2.77	2.87	2.65	1.139 times
07 Mon Apr 2025	2.74	2.59	2.78	2.56	1.373 times
04 Fri Apr 2025	2.70	2.93	2.93	2.66	1.966 times
03 Thu Apr 2025	2.80	2.70	2.80	2.70	0.819 times

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 3.3. However, stock will show a bearish move below 2.3.

Share price targets for Globe Textiles (GLOBE_BE)

Target Type	Value
Downside Target	2.39
Downside Target	2.44
Downside Target	2.56
Downside Target	2.78
Upside Target	2.87
Upside Target	3.00
Upside Target	4.44
Upside Target	4.58
Upside Target	4.59
Upside Target	5.53
Upside Target	5.85
Upside Target	6.24

Intraday share price targets for Globe Textiles (GLOBE_BE)

Target Type	Value
Downside Intraday Target	2.75
Downside Intraday Target	2.72
Upside Intraday Target	2.85
Upside Intraday Target	2.92
Upside Intraday Target	2.82

Weekly technical analysis of Globe Textiles (GLOBE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	2.79	2.88	2.88	2.78	0.589 times
17 Thu Apr 2025	2.84	2.78	2.94	2.78	0.53 times
11 Fri Apr 2025	2.77	2.59	2.87	2.56	1.267 times
04 Fri Apr 2025	2.70	2.45	2.93	2.44	0.482 times
28 Fri Mar 2025	2.43	3.00	3.00	2.39	2.344 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
21 Mon Apr 2025	2.79	2.45	2.94	2.44	1.608 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
30 Mon Sep 2024	5.40	4.60	6.24	4.59	1.669 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 short to mid 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 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 SELL. Signal strength is Strong 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Globe Textiles is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.78 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 is giving positive 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.