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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)

Showing technical analysis as on 2024-12-20 View latest technical analysis

10 day averaged volume of Globale Tessile is 11760

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	29.86	29.03	29.99	28.11	0.397 times
19 Thu Dec 2024	29.03	30.00	30.04	28.00	0.854 times
18 Wed Dec 2024	28.61	30.59	31.00	28.49	0.524 times
17 Tue Dec 2024	29.99	32.00	32.00	29.97	1.973 times
16 Mon Dec 2024	31.55	34.47	34.47	31.34	1.05 times
13 Fri Dec 2024	32.99	33.87	34.70	32.15	1.323 times
12 Thu Dec 2024	33.21	34.47	34.47	32.12	0.664 times
11 Wed Dec 2024	32.99	31.50	32.99	30.15	1.347 times
10 Tue Dec 2024	31.42	31.85	32.50	30.05	0.432 times
09 Mon Dec 2024	31.23	31.45	31.45	29.50	0.986 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 29.4 as stoploss in an intra day buy trade for a target of 30.7. However, stock will show a bearish move below 29.4.

Share price targets for Globale Tessile (GLOBALE_BE)

Target Type	Value
Downside Target	28.00
Downside Target	29.01
Upside Target	32.00
Upside Target	33.00
Upside Target	33.81
Upside Target	34.70
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	27.08
Downside Intraday Target	24.31
Upside Intraday Target	33.55
Upside Intraday Target	37.25
Upside Intraday Target	30.78

Weekly technical analysis of Globale Tessile (GLOBALE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	29.86	34.47	34.47	28.00	1.01 times
13 Fri Dec 2024	32.99	31.45	34.70	29.50	1.194 times
06 Fri Dec 2024	30.00	28.31	32.00	28.01	1.872 times
29 Fri Nov 2024	29.76	30.77	33.00	29.49	6.76 times
22 Fri Nov 2024	31.55	33.81	33.81	29.01	0.841 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 Globale Tessile (GLOBALE_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	29.86	28.31	34.70	28.00	3.677 times
29 Fri Nov 2024	29.76	31.21	35.63	29.01	0.731 times
31 Thu Oct 2024	30.60	36.40	37.62	29.75	0.533 times
30 Mon Sep 2024	36.70	60.00	60.00	34.20	4.218 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Globale Tessile (GLOBALE_BE)

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 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 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 losing momentum.

MACD generated a SELL signal for Globale Tessile in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Globale Tessile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Globale Tessile 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 negative zone. This is the SELL 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 31.25 and Globale Tessile (GLOBALE_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.