GLOBUS MARITIME LIMITED (GLBS) Technical Analysis
NASDAQ:GLBS • MHY272651263
Current stock price
1.67 USD
+0.08 (+5.03%)
At close:
1.7 USD
+0.03 (+1.8%)
After Hours:
GLBS Technical Rating and Analysis
Overall GLBS gets a technical rating of 4 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month GLBS has a been trading in the 1.55 - 2.23 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When comparing the yearly performance of all stocks, we notice that GLBS is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- GLBS is part of the Marine Transportation industry. There are 35 other stocks in this industry, GLBS did better than 55% of them.
- GLBS is currently trading in the middle 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 slightly.
GLBS Weekly and Daily overview Charts
GLBS Setup Rating and Analysis
GLBS has an average technical rating and it also 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.
More info and screens
GLBS Support and Resistance Analysis
1.01
1.69
We found 8 important support areas.
- Support @1.56 from a horizontal line in the weekly time frame.
- Support @1.53 from a trend line in the daily time frame.
- Support @1.50 from a horizontal line in the daily time frame.
- Support @1.46 from a horizontal line in the daily time frame.
- Support @1.36 from a trend line in the weekly time frame.
- Support @1.13 from a trend line in the daily time frame.
- Support @1.06 from a horizontal line in the daily time frame.
- Support @1.02 from a horizontal line in the daily time frame.
GLBS Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for GLBS is down. |
| ChartMill Relative Strength | 84.39 | POSITIVE | GLBS has a high relative strength, it outperformed 84.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLBS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLBS is below a declining 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) | 41.95 | NEUTRAL | The RSI value for GLBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests GLBS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.03 | OVERSOLD | The low Stochastics value suggests GLBS may be oversold. |
| Average True Range in percent/ATR (20) | 9.19 | HIGH VOLATILITY | The high ATR as a percentage value for GLBS suggests high volalility. |
| Average Directional Index/ADX (14) | 20.79 | NEUTRAL | The ADX value for GLBS suggests a possible start of a new trend. |
GLBS Chart- and CandleStick Pattern Analysis
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)
GLBS Technicals: Chart, Performance Metrics, Trend & Indicators
1.67
+0.08 (+5.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg5.03%
1 Week-14.36%
2 Weeks-21.96%
1 Month-0.6%
3 Month14.38%
6 Month58.94%
12 Month29.46%
2 Year-24.09%
3 Year49.11%
5 Year-64.47%
10 Year-99.81%
15 Year-100%
Volatility
ATR(14)0.15
ATR(20)%9.19%
ATR Inc-3.41%
Range Today0.19
ADR(20)0.15
ADR(20)%9.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.39
3 months CRS89.17
6 months CRS95.51
Mansfield2.32
10 Day High2.23
10 Day Low1.56
20 Day High2.23
20 Day Low1.56
52 Week High2.23
52 Week Low0.99
CS1 End1.56
CR1 StartN/A
Volume & EV
DER(3)11.77%
DER(5)7%
Volume46.40K
Volume Incr65.34%
Vol(5)134.90K
Vol(50)66.16K
GLOBUS MARITIME LIMITED / GLBS TA FAQ
Can you provide the ChartMill technical rating for GLOBUS MARITIME LIMITED?
ChartMill assigns a technical rating of 4 / 10 to GLBS.
What is the trend direction for GLBS stock?
The current trend direction for GLOBUS MARITIME LIMITED (GLBS) is Bullish.
What is the RSI signal for GLOBUS MARITIME LIMITED (GLBS) stock?
GLOBUS MARITIME LIMITED (GLBS) has an RSI value of 41.9537. This indicates that the stock is currently neutral.
What is the MACD signal for GLBS stock?
The MACD indicator for GLOBUS MARITIME LIMITED (GLBS) has a value of -0.0567663, indicating a bearish trend.
What is the short term momentum for GLBS stock?
The short term momentum for GLOBUS MARITIME LIMITED (GLBS) is negative.