GLOBUS MARITIME LIMITED (GLBS) Stock Technical Analysis
NASDAQ:GLBS - Nasdaq - MHY272651263 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to GLBS. GLBS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, GLBS is a bad performer in the overall market: 88% of all stocks are doing better.
GLBS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GLBS is lagging the market.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
GLBS is part of the Marine Transportation industry. There are 33 other stocks in this industry, GLBS did better than 40% of them.
In the last month GLBS has a been trading in the 0.99 - 1.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
GLBS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.03, a Stop Loss order could be placed below this zone.
More info and screens
1.00
1.40
When analyzing the support we notice one important area.
- A support zone ranging from 1.01 to 1.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.16 to 1.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.33 from a trend line in the daily time frame.
- A resistance zone ranging from 1.38 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for GLBS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLBS is neutral. |
| ChartMill Relative Strength | 12.31 | NEGATIVE | GLBS has a low relative strength, it was outperformed by 87.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GLBS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GLBS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GLBS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.79 | NEUTRAL | The RSI value for GLBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GLBS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.62 | NEUTRAL | The Stochastics value for GLBS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.37 | HIGH VOLATILITY | The high ATR as a percentage value for GLBS suggests high volalility. |
| Average Directional Index/ADX (14) | 37.38 | POSITIVE | The high ADX value value for GLBS suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.15
-0.08 (-6.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-6.5%
1 Week1.77%
2 Weeks-1.71%
1 Month9.52%
3 Month-7.65%
6 Month0.88%
12 Month-40.72%
2 Year28.13%
3 Year-34.29%
5 Year-95.69%
10 Year-99.97%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%8.37%
ATR Inc47.79%
Range Today0.07
ADR(20)0.09
ADR(20)%7.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.31
Mansfield-2.31
10 Day High1.36
10 Day Low1.13
20 Day High1.36
20 Day Low0.99
52 Week High2.21
52 Week Low0.99
CS1 End1.03
CR1 Start1.16
Volume & EV
DER(3)-6.51%
DER(5)-0.33%
Volume43.20K
Volume Incr652.02%
Vol(5)191.20K
Vol(50)38.58K