GLOBE NEWS why is Globe Textiles (i) Ltd. price falling or rising

GLOBE NEWS reasons for why stock price of Globe Textiles (i) Ltd. is falling or rising

GLOBE Globe Textiles is falling or rising technical reasons

Technical analysis forecast for Globe Textiles 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 GLOBE at this time. Stock is falling and might fall more.

It appears as if Globe Textiles GLOBE gave a large move recently.

Stock of Globe Textiles (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 is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4.1 as stoploss in an intra day buy trade for a target of 4.47. However, stock will show a bearish move below 4.1.

GLOBE Globe Textiles is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-11-22

Company Announcement Globe Textiles (India) Limited has informed the Exchange about related Party Transactions - NEWS as on 2024-10-31

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended September 30, 2024 - NEWS as on 2024-10-25

Company Announcement Globe Textiles (India) Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015'. - NEWS as on 2024-10-23

Board Meeting to discuss Fund Raising To consider Fund Raising - NEWS as on 2024-10-21

Company Announcement Globe Textiles (India) Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2024 - NEWS as on 2024-10-03

Company Announcement Globe Textiles (India) Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 30, 2024 - NEWS as on 2024-10-01

More announcements and NEWS

GLOBE Globe Textiles (i) Ltd. current price & indicator signals

Moving Averages for Globe Textiles (i) Ltd.

  • 5Day Average: 4.27
  • 12Day Average: 4.62
  • 20Day Average: 4.55
  • 50Day Average: 4.07
  • 100Day Average: 3.82
  • 150Day Average: 3.5
  • 200Day Average: 3.54

GLOBE Indicators & signals

Indicator MACD (12,26,9)

4.46, 4.43, 0.15
Indicator MACD is in positive zone

Indicator ADX (14)

12.5, 25, 32.14
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

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
22 Fri Nov 2024 4.13 4.00 to 4.27 -1.2% 0.85 times
21 Thu Nov 2024 4.18 4.18 to 4.49 -5.22% 0.73 times
19 Tue Nov 2024 4.41 4.30 to 4.51 2.56% 1.07 times
18 Mon Nov 2024 4.30 4.15 to 4.42 -0.46% 0.82 times
14 Thu Nov 2024 4.32 4.29 to 4.64 -4.42% 2.05 times
13 Wed Nov 2024 4.52 4.52 to 4.96 -5.04% 0.71 times
12 Tue Nov 2024 4.76 4.73 to 4.94 -2.26% 0.39 times
11 Mon Nov 2024 4.87 4.75 to 4.98 -1.42% 0.93 times
08 Fri Nov 2024 4.94 4.85 to 5.00 -0.4% 0.83 times
07 Thu Nov 2024 4.96 4.92 to 5.08 -0.6% 0.96 times
06 Wed Nov 2024 4.99 4.91 to 5.15 -1.19% 1.51 times
05 Tue Nov 2024 5.05 4.81 to 5.14 1.41% 1.08 times

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GLOBE NEWS why is Globe Textiles (i) Ltd. price falling or rising

 

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