(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 636569
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Fri Oct 2024 | 5.00 | 5.10 | 5.10 | 4.76 | 0.881 times |
| 17 Thu Oct 2024 | 4.96 | 4.97 | 5.14 | 4.95 | 0.789 times |
| 16 Wed Oct 2024 | 5.00 | 5.00 | 5.07 | 4.94 | 0.893 times |
| 15 Tue Oct 2024 | 5.03 | 5.06 | 5.17 | 5.01 | 0.496 times |
| 14 Mon Oct 2024 | 5.07 | 5.00 | 5.15 | 5.00 | 0.485 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 4.9 as stoploss in an intra day buy trade for a target of 5.23. However, stock will show a bearish move below 4.9.
Share price targets for Globe Textiles (GLOBE_BE)
| Target Type | Value |
| Downside Target | 3.20 |
| Downside Target | 3.75 |
| Downside Target | 4.44 |
| Downside Target | 4.58 |
| Downside Target | 4.74 |
| Downside Target | 4.90 |
| Upside Target | 5.17 |
| Upside Target | 5.53 |
| Upside Target | 5.73 |
| Upside Target | 5.85 |
| Upside Target | 6.13 |
| Upside Target | 6.19 |
| Upside Target | 6.24 |
Intraday share price targets for Globe Textiles (GLOBE_BE)
| Target Type | Value |
| Downside Intraday Target | 4.78 |
| Downside Intraday Target | 4.57 |
| Upside Intraday Target | 5.19 |
| Upside Intraday Target | 5.39 |
| Downside Intraday Target | 4.98 |
Weekly technical analysis of Globe Textiles (GLOBE_BE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Fri Oct 2024 | 5.00 | 5.00 | 5.17 | 4.76 | 0.549 times |
| 11 Fri Oct 2024 | 5.10 | 5.00 | 5.20 | 4.58 | 1.065 times |
| 04 Fri Oct 2024 | 5.09 | 5.73 | 5.73 | 4.91 | 0.341 times |
| 27 Fri Sep 2024 | 5.49 | 5.67 | 6.24 | 5.25 | 1.134 times |
| 20 Fri Sep 2024 | 5.40 | 5.99 | 6.13 | 4.90 | 0.697 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 |
| 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 |
| 30 Fri Aug 2024 | 4.70 | 5.85 | 5.85 | 4.44 | 0.891 times |
| 31 Wed Jul 2024 | 5.97 | 4.84 | 6.19 | 4.74 | 1.243 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 18, 25, 17 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 60 | None |
| CCI | -82 | Sell |
| RSI | 60 | Buy |
| OBV | -83602 | Sell |
| VWAP | 5 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 gaining momentum.
MACD generated a SELL signal for Globe Textiles in short term and the sell signal is strong.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 but buying 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 5 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.
Click here for Globe Textiles charts
Click here for further forecast and predictions for tomorrow
Stock Exchange charts NSE Stock Exchange BSE Stock Exchange USA Stock Exchange Stock Charts NSE FNO Stock Analysis
NSE Stock Exchange NSE stock market news stock intraday tips
MNC.News NASDAQ NSE BSE Money SIP
Munafa NEWSTerms of Use Create Support ticket Your support tickets Powered by ePowerPress Stock Market News! Top Seo SMO © munafa.website2024 All Rights reserved.