Globus Maritime Stock Technical Analysis

GLBS Stock  USD 1.48  0.02  1.33%   
As of the 26th of November, Globus Maritime retains the Risk Adjusted Performance of 0.0136, market risk adjusted performance of 0.0318, and Downside Deviation of 2.86. Globus Maritime technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Globus Maritime standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Globus Maritime is priced fairly, providing market reflects its last-minute price of 1.48 per share. Please also validate Globus Maritime total risk alpha, which is currently at (0.58) to confirm the company can sustain itself at a future point.

Globus Maritime Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Globus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Globus
  
Globus Maritime's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Globus Maritime Analyst Consensus

Target PriceAdvice# of Analysts
3.5Buy1Odds
Globus Maritime current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Globus analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Globus stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Globus Maritime, talking to its executives and customers, or listening to Globus conference calls.
Globus Analyst Advice Details
Globus Maritime technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Globus Maritime technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Globus Maritime trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Globus Maritime Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Globus Maritime volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Globus Maritime Trend Analysis

Use this graph to draw trend lines for Globus Maritime. You can use it to identify possible trend reversals for Globus Maritime as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Globus Maritime price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Globus Maritime Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Globus Maritime applied against its price change over selected period. The best fit line has a slop of   0.0045  , which may suggest that Globus Maritime market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.75, which is the sum of squared deviations for the predicted Globus Maritime price change compared to its average price change.

About Globus Maritime Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Globus Maritime on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Globus Maritime based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Globus Maritime price pattern first instead of the macroeconomic environment surrounding Globus Maritime. By analyzing Globus Maritime's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Globus Maritime's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Globus Maritime specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.0011860.001127
Price To Sales Ratio1.751.41

Globus Maritime November 26, 2024 Technical Indicators

Most technical analysis of Globus help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Globus from various momentum indicators to cycle indicators. When you analyze Globus charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Globus Maritime November 26, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Globus stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional Tools for Globus Stock Analysis

When running Globus Maritime's price analysis, check to measure Globus Maritime's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globus Maritime is operating at the current time. Most of Globus Maritime's value examination focuses on studying past and present price action to predict the probability of Globus Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globus Maritime's price. Additionally, you may evaluate how the addition of Globus Maritime to your portfolios can decrease your overall portfolio volatility.