We assign a technical rating of 9 out of 10 to GLBS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GLBS is showing a nice and steady performance.
Although GLBS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.00
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.05 to 1.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 1.01 to 1.02. 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 | 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 | 93.67 | POSITIVE | GLBS has a high relative strength, it outperformed 93.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLBS is above 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) | 79.47 | OVERBOUGHT | The high RSI value suggests GLBS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests GLBS has a positive trend. |
| Stochastics (14,3) | 91.48 | OVERBOUGHT | The high Stochastics value suggests GLBS may be overbought. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for GLBS suggests some volalility. |
| Average Directional Index/ADX (14) | 30.88 | POSITIVE | The high ADX value value for GLBS suggests a strong trend. |
1.8
-0.04 (-2.17%)
GLOBUS MARITIME LIMITED / GLBS FAQ
What is the technical rating for GLBS stock?
ChartMill assigns a technical rating of 9 / 10 to GLBS.
Can you provide the trend direction for GLOBUS MARITIME LIMITED?
The current trend direction for GLOBUS MARITIME LIMITED (GLBS) is Bullish.
Can you provide the RSI signal for GLOBUS MARITIME LIMITED?
GLOBUS MARITIME LIMITED (GLBS) has an RSI value of 79.4726. This indicates that the stock is currently overbought.
What is the short term momentum for GLOBUS MARITIME LIMITED (GLBS) stock?
The short term momentum for GLOBUS MARITIME LIMITED (GLBS) is positive.
Can you provide the support and resistance levels for GLOBUS MARITIME LIMITED?
GLOBUS MARITIME LIMITED (GLBS) has a support level at 1.07. Check the full technical report for our detailed analysis of GLBS support and resistance levels.