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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 2025-06-17 View latest technical analysis

10 day averaged volume of Globe Textiles is 588349

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Jun 2025	2.44	2.39	2.49	2.38	2.414 times
16 Mon Jun 2025	2.38	2.38	2.42	2.36	1.091 times
13 Fri Jun 2025	2.38	2.39	2.42	2.37	0.65 times
12 Thu Jun 2025	2.40	2.44	2.46	2.40	0.904 times
11 Wed Jun 2025	2.43	2.49	2.49	2.40	1.209 times
10 Tue Jun 2025	2.47	2.48	2.50	2.45	0.831 times
09 Mon Jun 2025	2.45	2.49	2.52	2.43	1.116 times
06 Fri Jun 2025	2.49	2.51	2.52	2.38	1.025 times
05 Thu Jun 2025	2.49	2.48	2.54	2.48	0.433 times
04 Wed Jun 2025	2.47	2.57	2.57	2.46	1.286 times

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

Share price targets for Globe Textiles (GLOBE_BE)

Target Type	Value
Downside Target	2.08
Downside Target	2.26
Downside Target	2.35
Downside Target	2.44
Upside Target	2.56
Upside Target	2.63
Upside Target	2.94
Upside Target	3.00
Upside Target	4.58
Upside Target	5.53

Intraday share price targets for Globe Textiles (GLOBE_BE)

Target Type	Value
Downside Intraday Target	2.37
Downside Intraday Target	2.3
Upside Intraday Target	2.5
Upside Intraday Target	2.56
Downside Intraday Target	2.43

Weekly technical analysis of Globe Textiles (GLOBE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Jun 2025	2.44	2.38	2.49	2.36	0.744 times
13 Fri Jun 2025	2.38	2.49	2.52	2.37	0.718 times
06 Fri Jun 2025	2.49	2.42	2.63	2.38	1.205 times
30 Fri May 2025	2.40	2.45	2.47	2.35	0.439 times
23 Fri May 2025	2.42	2.27	2.56	2.26	1.036 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
17 Tue Jun 2025	2.44	2.42	2.63	2.36	0.33 times
30 Fri May 2025	2.40	2.46	2.56	2.08	1.755 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

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_BE)

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 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 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 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 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2.44 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 positive

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