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(GLOBALE_BE) Globale Tessile complete technical analysis [charts+indicators] | Buy/Sell Globale Tessile | (GLOBALE_BE) share price targets

Complete technical analysis of Globale Tessile (GLOBALE_BE) by charts plus indicators, forecast predictions and share price targets for Globale Tessile (GLOBALE_BE)

10 day averaged volume of Globale Tessile is 1490

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 31.42 30.77 33.00 29.97 3.991 times
22 Fri Nov 2024 31.55 33.50 33.50 31.55 0.3 times
21 Thu Nov 2024 32.00 29.01 32.06 29.01 0.735 times
19 Tue Nov 2024 30.54 32.00 32.88 30.36 1.131 times
18 Mon Nov 2024 31.95 33.81 33.81 31.11 0.317 times

Stock of Globale Tessile (GLOBALE_BE) has showed a significant fall. This could be a good time to exit from this stock.

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 31.3 as stoploss in an intra day buy trade for a target of 32.39. However, stock will show a bearish move below 31.3.

Share price targets for Globale Tessile (GLOBALE_BE)

Target Type Value
Downside Target 29.01
Downside Target 29.75
Downside Target 30.59
Upside Target 31.50
Upside Target 33.00
Upside Target 35.63
Upside Target 37.62
Upside Target 60.00
Upside Target 63.04
Upside Target 87.00

Intraday share price targets for Globale Tessile (GLOBALE_BE)

Target Type Value
Downside Intraday Target 29.93
Downside Intraday Target 28.43
Upside Intraday Target 32.96
Upside Intraday Target 34.49
Upside Intraday Target 31.46

Weekly technical analysis of Globale Tessile (GLOBALE_BE)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 31.42 30.77 33.00 29.97 1.607 times
22 Fri Nov 2024 31.55 33.81 33.81 29.01 0.841 times
14 Thu Nov 2024 32.75 33.99 34.05 30.59 0.52 times
08 Fri Nov 2024 33.99 33.72 35.63 31.50 1.332 times
01 Fri Nov 2024 32.12 31.30 33.44 29.90 1.106 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Globale Tessile (GLOBALE_BE)

Date Monthly Closing Price Open High Low Volume
25 Mon Nov 2024 31.42 31.21 35.63 29.01 0.389 times
31 Thu Oct 2024 30.60 36.40 37.62 29.75 0.56 times
30 Mon Sep 2024 36.70 60.00 60.00 34.20 4.218 times
30 Fri Aug 2024 63.04 87.00 87.00 63.04 0 times

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 Globale Tessile (GLOBALE_BE)

Indicator Name Indicator Value Indicator Signal
ADX 14, 29, 36 Sell
MACD -4, -4Buy
Stochastics 41None
CCI -79Sell
RSI 40Sell
OBV 6227Sell
VWAP 32Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Globale Tessile ( (GLOBALE_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Globale Tessile ( (GLOBALE_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 Globale Tessile ( (GLOBALE_BE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Globale Tessile ( (GLOBALE_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 Globale Tessile stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Globale Tessile 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.

Globale Tessile 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Globale Tessile in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Stock of Globale Tessile is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 31.93 and Globale Tessile (GLOBALE_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 Globale Tessile (GLOBALE_BE) stock. Volume based technical analysis of Globale Tessile (GLOBALE_BE) stock is negative.

Globale Tessile 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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