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, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

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 3.3 as stoploss in an intra day buy trade for a target of 4.2. However, stock will show a bearish move below 3.3.

GLOBE Globe Textiles is falling or rising NEWS fundamental reasons

InterGlobe, Assago set up AI business venture AIonONS; eyes partnerships Rahul Bhatia-led diversified InterGlobe Enterprises has partnered with technology veteran C P Gurnani's Assago to launch an artificial intelligence business venture AIonONS that will provide various solutions as well as look to partner with startups. Inter - NEWS as on 2024-04-23 business-standard.com

InterGlobe shares drop 0.23% as Sensex rises A total of 23,443 shares changed hands on the counter till 01:59PM (IST) - NEWS as on 2024-04-19 indiatimes.com

InterGlobe, Archer Aviation plan electric air taxis from CP to Gurugram Archer Aviation will supply 200 electric vertical takeoff and landing (eVTOL) aircraft that can carry four passengers besides a pilot - NEWS as on 2024-04-19 business-standard.com

InterGlobe Aviation Q4 PAT seen up 57% YoY to Rs. 1,443.1 cr: Prabhudas Lilladher Net Sales are expected to increase by 18.7 percent Y-o-Y (down 13.6 percent Q-o-Q) to Rs. 16,810.6 crore, according to Prabhudas Lilladher. - NEWS as on 2024-04-17 moneycontrol.com

Company Announcement Globe Textiles (India) Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-04-01

Board Meeting to discuss Other business matters To consider other business matters - NEWS as on 2024-03-28

Company Announcement Globe Textiles (India) Limited has informed the Exchange regarding allotment of 149137692 securities pursuant to Rights Issue at its meeting held on March 28, 2024 - NEWS as on 2024-03-28

Company Announcement Globe Textiles (India) Limited has informed the Exchange about Copy of Newspaper Publication intimating right issue closing today i.e. on Wednesday, March 20, 2024. - NEWS as on 2024-03-20

Company Announcement Globe Textiles (India) Limited has informed the Exchange about Copy of Newspaper Publication of Notice of Right Issue Closing Period Extended from Friday, March 15, 2024 to Wednesday, March 20, 2024 - NEWS as on 2024-03-14

Company Announcement Globe Textiles (India) Limited has informed the Exchange regarding Board meeting held on March 13, 2024. - NEWS as on 2024-03-14

Company Announcement The Exchange has sought clarification from Globe Textiles (India) Limited for the quarter ended 31-Dec-2023 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. - NEWS as on 2024-03-13

Company Announcement Globe Textiles (India) Limited has informed the Exchange regarding a press release dated March 11, 2024, titled "Media Release". - NEWS as on 2024-03-11

Company Announcement Globe Textiles (India) Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-03-05

Company Announcement Globe Textiles (India) Limited has informed the Exchange regarding a press release dated February 26, 2024, titled "Press Release for addition of new division in the Company i.e. "Fashion Attire Division"". - NEWS as on 2024-02-26

Company Announcement Globe Textiles (India) Limited has informed the Exchange regarding a press release dated February 21, 2024, titled "Media Release". - NEWS as on 2024-02-21

More announcements and NEWS

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

Moving Averages for Globe Textiles (i) Ltd.

  • 5Day Average: 4.92
  • 12Day Average: 4.62
  • 20Day Average: 4.11
  • 50Day Average: 3.39
  • 100Day Average: 3.27
  • 150Day Average: 3.73
  • 200Day Average: 4.19

GLOBE Indicators & signals

Indicator MACD (12,26,9)

4.44, 4.03, 0.45
Indicator MACD is in positive zone

Indicator ADX (14)

2.7, 38.3, 40.43
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
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
23 Tue Apr 2024 3.70 3.65 to 3.75 -1.33% 0.29 times
22 Mon Apr 2024 3.75 3.70 to 3.90 -34.78% 0.52 times
29 Fri Sep 2023 5.75 5.65 to 5.90 1.77% 0.6 times
28 Thu Sep 2023 5.65 5.25 to 6.00 -1.74% 1.89 times
27 Wed Sep 2023 5.75 5.10 to 5.85 16.16% 3.11 times
26 Tue Sep 2023 4.95 4.30 to 5.05 15.12% 1.39 times
25 Mon Sep 2023 4.30 4.10 to 4.45 0% 0.21 times
22 Fri Sep 2023 4.30 4.10 to 4.40 0% 0.29 times
21 Thu Sep 2023 4.30 4.20 to 4.90 -6.52% 0.8 times
20 Wed Sep 2023 4.60 4.35 to 4.65 6.98% 0.55 times
18 Mon Sep 2023 4.30 4.15 to 4.45 4.88% 0.64 times
15 Fri Sep 2023 4.10 3.85 to 4.30 6.49% 0.65 times

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

 

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