Stock analysis Globe Textiles (i) Ltd. GLOBE
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Recent prices of GLOBE Globe Textiles (i) Ltd. are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
03 Fri May 2024 | 3.65 | 3.60 to 3.65 | 1.39% | 0.51 times |
02 Thu May 2024 | 3.60 | 3.50 to 3.60 | 2.86% | 0.15 times |
30 Tue Apr 2024 | 3.50 | 3.45 to 3.70 | -2.78% | 0.45 times |
29 Mon Apr 2024 | 3.60 | 3.50 to 3.70 | 1.41% | 0.79 times |
26 Fri Apr 2024 | 3.55 | 3.30 to 3.55 | 4.41% | 0.88 times |
25 Thu Apr 2024 | 3.40 | 3.40 to 3.50 | -4.23% | 1.93 times |
24 Wed Apr 2024 | 3.55 | 3.55 to 3.80 | -4.05% | 2.85 times |
23 Tue Apr 2024 | 3.70 | 3.65 to 3.75 | -1.33% | 0.26 times |
22 Mon Apr 2024 | 3.75 | 3.70 to 3.90 | -34.78% | 0.46 times |
29 Fri Sep 2023 | 5.75 | 5.65 to 5.90 | 1.77% | 0.53 times |
28 Thu Sep 2023 | 5.65 | 5.25 to 6.00 | -1.74% | 1.69 times |
27 Wed Sep 2023 | 5.75 | 5.10 to 5.85 | 16.16% | 2.78 times |
Technical analysis forecast for Globe Textiles (i) Ltd. Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Globe Textiles (i) Ltd. GLOBE at this time. Stock is falling and might fall more.
It appears as if Globe Textiles (i) Ltd. GLOBE gave a large move recently.
Stock of Globe Textiles (i) Ltd. (GLOBE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Globe Textiles (i) Ltd. is bearish for shortterm, and stock might move down till 3.1 or till 2.2. Use a stoploss of 3.88 and if the stock hits stoploss, then it can shoot up till 4.63