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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 2025-04-28 View latest technical analysis

10 day averaged volume of Globe Textiles is 863076

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Apr 2025	2.62	2.59	2.65	2.51	0.935 times
25 Fri Apr 2025	2.58	2.60	2.68	2.50	0.981 times
24 Thu Apr 2025	2.61	2.57	2.72	2.54	2.426 times
22 Tue Apr 2025	2.76	2.78	2.82	2.73	0.828 times
21 Mon Apr 2025	2.79	2.88	2.88	2.78	1.168 times
17 Thu Apr 2025	2.84	2.94	2.94	2.80	0.686 times
16 Wed Apr 2025	2.87	2.84	2.92	2.80	0.809 times
15 Tue Apr 2025	2.80	2.78	2.87	2.78	0.487 times
11 Fri Apr 2025	2.77	2.85	2.85	2.73	1.052 times
09 Wed Apr 2025	2.79	2.83	2.85	2.69	0.627 times

My analysis of stock is bearish for shortterm, and stock might move down till 2.3 or till 1.7. Use a stoploss of 2.83 and if the stock hits stoploss, then it can shoot up till 3.34

Share price targets for Globe Textiles (GLOBE_BE)

Target Type	Value
Downside Target	2.39
Downside Target	2.44
Downside Target	2.50
Upside Target	2.65
Upside 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	2.54
Downside Intraday Target	2.45
Upside Intraday Target	2.68
Upside Intraday Target	2.73
Downside Intraday Target	2.59

Weekly technical analysis of Globe Textiles (GLOBE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Apr 2025	2.62	2.59	2.65	2.51	0.173 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
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

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
28 Mon Apr 2025	2.62	2.45	2.94	2.44	2.452 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 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 2.72 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 negative.

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