Taking everything into account, GLBS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, GLBS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although GLBS has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
1.00
We found 5 important support areas.
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 | UP | POSITIVE | The long term trend for GLBS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GLBS is up. |
| ChartMill Relative Strength | 84.88 | POSITIVE | GLBS has a high relative strength, it outperformed 84.88% 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) | UP | POSITIVE | The current price of GLBS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLBS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.68 | NEUTRAL | The RSI value for GLBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GLBS has a negative trend. |
| Stochastics (14,3) | 37.57 | NEUTRAL | The Stochastics value for GLBS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.85 | HIGH VOLATILITY | The high ATR as a percentage value for GLBS suggests high volalility. |
| Average Directional Index/ADX (14) | 33.4 | POSITIVE | The high ADX value value for GLBS suggests a strong trend. |
1.47
-0.08 (-5.16%)
ChartMill assigns a technical rating of 10 / 10 to GLBS.
The current trend direction for GLOBUS MARITIME LIMITED (GLBS) is Bullish.
GLOBUS MARITIME LIMITED (GLBS) has an RSI value of 50.6766. This indicates that the stock is currently neutral.
The short term momentum for GLOBUS MARITIME LIMITED (GLBS) is positive.
GLOBUS MARITIME LIMITED (GLBS) has a support level at 1.46. Check the full technical report for our detailed analysis of GLBS support and resistance levels.