GLOBUS MARITIME LIMITED (GLBS) Stock Technical Analysis
NASDAQ:GLBS - Nasdaq - MHY272651263 - Common Stock - Currency: USD
We assign a technical rating of 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GLBS is a bad performer in the overall market: 84% of all stocks are doing better.
GLBS is one of the lesser performing stocks in the Marine Transportation industry. 60% of 31 stocks in the same industry do better.
GLBS is currently trading near the lower end of its 52 week range, which is not a good sign. GLBS is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Warning: GLBS has an average volume of 29182 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month GLBS has a been trading in the 1.00 - 1.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, GLBS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.22. Right above this resistance zone may be a good entry point.
More info and screens
1.05
1.57
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.14 to 1.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.10 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.06 to 1.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.22 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.29 from a horizontal line in the daily time frame.
- Resistance @1.42 from a horizontal line in the daily time frame.
- Resistance @1.55 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.69
Mansfield-2.64
10 Day High1.21
10 Day Low1.05
20 Day High1.27
20 Day Low1
52 Week High2.4
52 Week Low1
Performance
1 Week2.69%
2 Weeks1.33%
1 Month-4.98%
3 Month-17.03%
6 Month-35.31%
12 Month-41.28%
2 Year13.37%
3 Year-51.07%
5 Year-98.41%
10 Year-99.98%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)46.13
LBB1.09
UBB1.18
1.145
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg0%
1 Week2.69%
2 Weeks1.33%
1 Month-4.98%
3 Month-17.03%
6 Month-35.31%
12 Month-41.28%
2 Year13.37%
3 Year-51.07%
5 Year-98.41%
10 Year-99.98%
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%6.11%
ATR Inc-43.75%
Range Today0.04
ADR(20)0.07
ADR(20)%6.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.69
Mansfield-2.64
10 Day High1.21
10 Day Low1.05
20 Day High1.27
20 Day Low1
52 Week High2.4
52 Week Low1
CS1 End1.14
CR1 Start1.22
Volume & EV
DER(3)-2.84%
DER(5)-3.81%
Volume6.90K
Volume Incr-44.91%
Vol(5)19.06K
Vol(50)29.18K