(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)
10 day averaged volume of Globe Textiles is 369960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Dec 2023 | 3.95 | 4.10 | 4.10 | 3.95 | 1.149 times |
| 30 Thu Nov 2023 | 4.00 | 4.00 | 4.05 | 4.00 | 0.857 times |
| 29 Wed Nov 2023 | 4.00 | 4.00 | 4.10 | 4.00 | 0.843 times |
| 28 Tue Nov 2023 | 4.00 | 4.10 | 4.10 | 3.95 | 0.869 times |
| 24 Fri Nov 2023 | 4.05 | 3.95 | 4.10 | 3.95 | 1.115 times |
| 23 Thu Nov 2023 | 3.95 | 4.10 | 4.10 | 3.90 | 0.827 times |
| 22 Wed Nov 2023 | 4.00 | 3.90 | 4.05 | 3.90 | 1.269 times |
| 21 Tue Nov 2023 | 3.90 | 4.00 | 4.10 | 3.90 | 1.181 times |
| 20 Mon Nov 2023 | 4.00 | 4.00 | 4.10 | 3.95 | 0.925 times |
| 17 Fri Nov 2023 | 4.05 | 4.00 | 4.10 | 3.90 | 1.371 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4, but if it comes above 4, then a intra day buy could be more profitable.
If you take a sell trade below 4, then use 4 as stoploss and 3.9 as target. However if you take a buy trade in stock , then use 4 as stoploss and 4.04 as target.
Share price targets for Globe Textiles (GLOBE_BE)
| Target Type | Value |
| Downside Target | 2.30 |
| Downside Target | 2.75 |
| Downside Target | 2.95 |
| Downside Target | 3.20 |
| Downside Target | 3.75 |
| Downside Target | 3.90 |
| Upside Target | 4.10 |
| Upside Target | 4.15 |
| Upside Target | 4.25 |
| Upside Target | 5.75 |
Intraday share price targets for Globe Textiles (GLOBE_BE)
| Target Type | Value |
| Downside Intraday Target | 3.9 |
| Downside Intraday Target | 3.85 |
| Upside Intraday Target | 4.05 |
| Upside Intraday Target | 4.15 |
| Upside Intraday Target | 4 |
Weekly technical analysis of Globe Textiles (GLOBE_BE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Dec 2023 | 3.95 | 4.10 | 4.10 | 3.95 | 0.699 times |
| 24 Fri Nov 2023 | 4.05 | 4.00 | 4.10 | 3.90 | 1.108 times |
| 17 Fri Nov 2023 | 4.05 | 4.05 | 4.15 | 3.90 | 1.225 times |
| 10 Fri Nov 2023 | 4.05 | 4.20 | 4.25 | 4.00 | 1.451 times |
| 03 Fri Nov 2023 | 4.20 | 3.95 | 4.25 | 3.95 | 0.65 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 |
| 01 Fri Dec 2023 | 3.95 | 4.10 | 4.10 | 3.95 | 0.064 times |
| 30 Thu Nov 2023 | 4.00 | 4.10 | 4.25 | 3.90 | 0.775 times |
| 31 Tue Oct 2023 | 4.10 | 5.75 | 5.75 | 3.75 | 3.1 times |
| 08 Fri Sep 2023 | 3.20 | 2.80 | 3.20 | 2.75 | 0.273 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 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 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 neutral. A longer time frame might give a better analysis.
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.
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 getting stronger in this stock.
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
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 3.99 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 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 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 neutral. A longer time frame might give a better analysis.
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.
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 getting stronger in this stock.
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
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 3.99 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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